Walgreens-anchored retail center (39,000 SF) Sells for $15M in Los Angeles

Reported Sep 18, 2026 · Source: Bisnow

Source: BisnowRead the full report at Bisnow ↗

Deal details

Buyer
private LA retail investor/developer (all cash
Seller
The Bilak Cos. (Newmark)
Price
$15M
Size
39K SF
Price per SF
$385 per SF (our calculation)
Asset class
Retail
Transaction
Sale
Sub-market
LA Industrial & South LA (Vernon / Carson / Torrance / Santa Fe Springs / La Mirada)
Metro
Los Angeles (incl. OC & Inland Empire)
Reported date
Sep 18, 2026

Summary

Walgreens-anchored retail center is a retail sale in LA Industrial & South LA (Vernon / Carson / Torrance / Santa Fe Springs / La Mirada), Los Angeles. Other details we have: buyer private LA retail investor/developer (all cash; seller The Bilak Cos. (Newmark); price $15M; size 39K SF. Bisnow reports: “Hanley Investment Group Real Estate Advisors represented the buyer in the $15M acquisition of a 39K SF, Walgreens‑anchored retail center at 10901-10927 Atlantic Ave. and 4351 E. Imperial Highway in Lynwood.” Bisnow reports: “Newmark's Glenn Rudy, Rob Ippolito and Pete Bethea represented the seller, The Bilak Cos.”

Quoted from the article; the other facts come from our own deal listing.

Source: Bisnow

Read the full report at Bisnow. What the article says:

  • Deal / Price / Size
    Hanley Investment Group Real Estate Advisors represented the buyer in the $15M acquisition of a 39K SF, Walgreens‑anchored retail center at 10901-10927 Atlantic Ave. and 4351 E. Imperial Highway in Lynwood.
  • Seller
    Newmark's Glenn Rudy, Rob Ippolito and Pete Bethea represented the seller, The Bilak Cos.

Article date: 2026-09-18T18:07:35-04:00

Quick answers

How much did Walgreens-anchored retail center sell for?
The reported price is $15M ($385 per SF, our calculation), per Bisnow.
How big is Walgreens-anchored retail center?
39K SF, as listed from the source.
When was this sale reported?
Reported Sep 18, 2026 by Bisnow.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.