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LNR Partners LLC.  PROPERTIES FOR SALE

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PROPERTY LOCATION
Westfield Eagle Rock
2700 and 2560 Colorado Boulevard
Los Angeles, California 90041
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PROPERTY SUMMARY
Type: Retail
Class: C
Price: Contact Broker   Auction
Measurement/Yardstick: 458,665 Sq Ft
Number of Buildings: 2
Number of Floors: 1
Occupancy: 95%
Year Built: 1974
Year Renovated: 2002
PROPERTY DESCRIPTION
The Mall is located in the unincorporated Eagle Rock enclave, 8 miles north of downtown Los Angeles. The total 22.14 acres (964,500 sf) are across two parcels: 20.8-acre parcel that includes the 441K sf Class C mall with parking deck and a 1.28-acre parcel to the east that houses the Glendale Adventist MOB (19,777 sf). The Mall opened in 1974 and was most recently renovated in 1994 when Target joined the center. Both anchors are on ground leases. Macy's has no option left and Target has one 10-yr option (expires 1/2034). They are rumored to do approx. $100MM per year (avg. store does $60MM). The asset sits at the confluence of the Glendale and Ventura freeways.
Westfield Eagle Rock

For more information contact  

Bill Bauman & Kyle Miller
NKF Capital Markets West
kyle.miller@ngkf.com
Tel: 213-298-3597
http://www.ngkf.com


Any information that may be provided by LNR Partners, LLC. under this “General Property Information” is for informational purposes only and is subject to change at any time without notice at the sole and absolute discretion of LNR Partners, LLC. This is not to be construed as an offer, commitment or promise of any kind by LNR Partners, LLC. Please contact the appropriate individual referred to above for more information on this property. The information provided herein has been obtained from third party sources. While LNR Partners, LLC. has no reason or basis to doubt the accuracy of such information, LNR Partners, LLC. makes no guarantee, covenant, warranty or representation about its accuracy and disclaims any liability with respect thereto. It is your responsibility to confirm that this information is accurate and complete.

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