Torrance, CA – February 23, 2011 – (RealEstateRama) — Michel Hibbert, senior managing director of Charles Dunn Company’s West Los Angeles office, has closed on the sale of a 14,820-squarefoot Walgreens at 123 E. Belleview Ave., in Englewood, Colo. The value of the transaction was $9.725 million.
Hibbert represented buyer Berg & Boyer Family Trust in the transaction. Deerfield Partners represented the seller, Net Leased Development, LLC. The asset was built in 2009.
“With a top-class tenant in a great location, this transaction represents a great investment for the family trust that purchased the asset,” Hibbert said.
About Charles Dunn Company
Charles Dunn Company is one of the largest full-service brokerage firms on the West Coast. Established in 1921, the Los Angeles-based company provides a full complement of real estate services. For more information and office locations, please visit www.charlesdunn.com.
