Investment group scoops up deal with yogurt flavor: North Canon Drive Plaza LLC buys Beverly Hills retail building.THE Pinkberry yogurt craze is now influencing real estate deals. John Bendheim, managing member of North Canon Drive Plaza LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , said that one reason his investment group recently purchased a Beverly Hills Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. retail building was its inclusion of a forthcoming Pinkberry yogurt store. Bendheim's investment group purchased the 8,750-square-foot building at 469 N. Canon Dr. from Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. Land and Development Inc. in a deal that closed Oct. 31. The 469 N. Canon Dr. building includes a Jimmy Choo This article is about the shoe designer. For the company bearing his name, see Jimmy Choo Ltd. Dato' Jimmy Choo OBE, born Jimmy Choo Yeang Keat, [1] is a London-based luxury fashion designer best known for his hand-made women's shoes. shoe store and a Vidal Sassoon Vidal Sassoon (born January 17, 1928) is a hairdresser. Sassoon was born to Jewish parents in London. His father was from Thessaloniki in northern Greece with Iraqi origins, and his mother, whose family was originally from Kiev, was born in London. hair salon, but the real attraction was Pinkberry. "We have a Pinkberry going in, opening next week," Bendheim said. "The previous owner did the lease. I was very intrigued. I thought it was a good fit." The building deal breaks down to about $1,257 per square foot for a market rate transaction, said Douglas Cancienne of DC Commercial Inc., who represented both sides of the deal. "It's an indicator of the health of the Beverly Hills market," he said. Bendheim said it made sense to purchase the building because his investment group also owns property at 361 N. Canon Dr. in Beverly Hills' Golden Triangle, where the Montage Hotel is being built. John Kralik of DC Commercial also represented both sides of the deal. Staff reporter Daniel Miller can be reached at (323)549-5225, ext. 263, or dmiller@labusinessjournal.com. |
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