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Home Commercial Landes Group Affiliate Buys Studio City Bank of America Building for $12.72MM, 26% Below Its 2014 Price
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Landes Group Affiliate Buys Studio City Bank of America Building for $12.72MM, 26% Below Its 2014 Price

July 15, 20263 Mins read416
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A Dallas-based net-lease investor has acquired the long-standing Bank of America branch at 12223 Ventura Boulevard in Studio City for $12.72 million, closing a deal that lands well under both the seller's 2014 basis and the $15.15 million the property was marketed for 18 months ago. The 14,300-square-foot single-tenant retail building traded on July 6, […]

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