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ALDI-Anchored Multi-Tenant Shopping Center Sold in La Verne
La Verne Courtyard, an 84,368-square-foot shopping center anchored by ALDI and Orchard Supply Hardware (OSH) in La Verne, CA, has been reportedly sold for $20.7 million.
Built in 2000, La Verne Courtyard shopping center is located on 7.30 acres at 2204 to 2278 Foothill Blvd., at the corner of Foothill Boulevard and White Avenue.
Hanley Investment Group Real Estate Advisors’ Ed Hanley, Bill Asher and Kevin Fryman represented the seller, Charles Company, a private West Hollywood, CA-based investor. Treelane Realty Group’s Wendy Wong and Katherine Quach represented the buyer, Evan & MC LLC, a private, Arcadia, CA-based investor.
“This sale highlights the continued demand for well-located grocery-anchored shopping centers leased to internet-resistant tenants,” said Asher.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition




