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Regional mall sold for $130m.


LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA -- Hager Pacific Properties has sold Baldwin Hills Crenshaw Plaza Baldwin Hills Crenshaw Plaza (BHCP) opened in November 1947 in Los Angeles, California as the Broadway-Crenshaw Center with 550,000 square feet (51,000 m²) and 13 acres of parking.  for more than $130 million to Capri Capital Advisors, who purchased the regional mall on behalf of an institutional client. Reza Etedali, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Reza Investment Group, represented both the buyer and the seller in this transaction.

Hager Pacific Properties acquired the Baldwin Hills Crenshaw Plaza in March 2003, through an exchange of the Del Norte Del Norte can refer to multiple things:
  • Del Norte County, California
  • Del Norte, Colorado
 Plaza, a 230,000 s/f grocery-anchored shopping center in Escondido, California, originally purchased in 1998.
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Publication:Real Estate Weekly
Date:Feb 8, 2006
Words:84
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