8/12/2008

Charles Dunn Company purchases $1.4M mixed-use in Long Beach

by Jim Brubaker

150 North Promenade

Los Angeles-based Charles Dunn Co., a partner of GVA Worldwide, negotiated the purchase of a 5,130-square-foot mixed-use development in Long Beach, Calif., for $1.4 million.

The firm will be the exclusive agent for the property, which is located at 150 Promenade North.

The buyer, Hillcrest Development Partners, LLC, was represented by Charles Dunn's Ted J. Slaught. The seller, Lennar Corporation, was represented by Grubb & Ellis.

The buyer is targeting the area to capitalize on the redevelopment of downtown Long Beach. The development is adjacent to the Blue Line metro station and the Long Beach Convention Center.

Address: 150 Promenade North, Long Beach, Calif.

---

Filed Under: Mixed Use

E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us

Comments on this article

No comments have been posted in the last 15 days!

Send us your comments on this article

* - Required fields Subject: * Message: * Contact Name: * Contact URL: Contact Email: * Write the text from image below to this textbox

crefeed.com -- Related Headlines

• NAI to market Los Angeles boys home with $1.75M price tag - 11/10/2008
• Investment partnership secures $75 million credit line - 11/6/2008
• HFF arranges $47M construction loan for Dallas MXD project - 10/22/2008
• Kislak finalizes $4.01 MXD sale in New Jersey - 10/15/2008
• First Industrial sells Phoenix Tech Center for $3.1M - 10/14/2008
• O'Connor Capital Partners sells condo/retail space within historic Manhattan House for $86M - 10/8/2008
• Alpine Regional Center on the market for $13M - 10/8/2008
• Norwalk, Conn., MXD property on the sales block - 9/10/2008
• Massey Knakal lists four N.J. properties for more than $16M - 9/9/2008
• Hanley completes four retail deals in So. California for $13.56M - 9/8/2008