In the News
Monday, November 7, 2016
RENTV: Beverly Hills Retail Building Sells for $5,000/sf
“Sterling Organization has purchased a 4.7k sf retail building in Beverly Hills’ Golden Triangle shopping district, just one block east of Rodeo Drive. The property was purchased for $23.5 mil, or $5,000/sf, in an off-market transaction on behalf of the firm’s institutional fund Sterling Value Add Partners II, LP (“SVAP II”).
The building is located at at 315-319 N. Beverly Dr, between Brighton Way and Dayton Way. It is expected to be vacant in the first quarter of 2017.”