L.A. retail deal nears $29M

Buyer pays all-cash in 1031 exchange
Published on Apr 24, 2008

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by CareyBot

A 66,070-square-foot retail center in Burbank, Calif., has sold in a 1031 exchange to a locally based limited liability company. Los Angeles-based AMC Associates LLC paid nearly $28.8 million for the property at 2500-2600 W. Victory Blvd., which was built ...