Case Study:

The Shops at Library Court

Los Angeles, CA

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We procured a highly qualified 1031 exchange buyer and effectively guided them on the unparalleled future growth of Downtown Los Angeles including finance, hospitality, high density residential and entertainment to maximize pricing for the seller.

The Hanley Investment Group Advantage

  • Procured Highly Qualified 1031 Exchange Buyer
  • Strategically Navigated Buyer through CMBS Loan Assumption Process to Timely Satisfy their 1031 Exchange Requirement
  • Effectively Guided the Buyer on the Unparalleled Future Growth of Downtown Los Angeles to Maximize Pricing

Sale Specifics

  • 9,903 SF Retail Component of High-End, Mixed-Use Luxury Condominium Development
  • Situated in the Financial District of Downtown Los Angeles
  • 100% Occupied; Tenants Include: Loose Leaf, Subway, Ocho Mexican Grill, Mitaki, Library Bar and Sixth Street Tavern
  • Less than 1 Mile from Staples Center, L.A. Live and Los Angeles Convention Center
  • Adjacent to Iconic DTLA Hotels: The Standard, Westin Bonaventure and Millennium Biltmore