BELLFLOWER, CA – Colliers International, the third largest global real estate services organization, has completed a 60,000-square-feet shopping center named Rosewood Center (top left photo) located at the SWC of Rosecrans and Woodruff. The transaction is valued at $6,500,000.
Christopher E. Maling (middle right photo) and David Maling (lower left photo), both Senior Vice Presidents based in Colliers International’s Downtown Los Angeles office, represented the Seller, AG/BP Rosewood, LLC.
The Buyer was Bequer Investments, represented by Arthur Flores of CBRE. Located on the Southwest corner of Rosecrans and Woodruff in the City of Bellflower, the center boasts national and regional tenants such as Carl’s Jr., Papa John’s Pizza and Healthcare Partners.
The center was 30% vacant at the time of sale and created a value add opportunity through leasing and management for the new buyer.
“Rosewood Center was the fifth retail property we closed for this client and the last in the portfolio,” said Chris Maling. “Over 28 offers were generated leveraging the Colliers Retail platform.”
Contact:
Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258
Colliers International
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA
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