Popular Brentwood Retail Site Trades for $25 Million

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Popular Brentwood Retail Site Trades for $25 Million

A 12,000-square-foot retail building along a busy stretch of San Vicente in Brentwood sold last month for about $25 million, or more than $2,084 a square foot.

Local real estate firm Goldstein Planting Investments acquired the building at 11770 San Vicente from a group of private family trusts in a sale that closed Oct. 17. The building, which has 29 parking spaces and sits on a half-acre lot, had been on the market for six months.

The property was fully leased at the time of sale.

Tim Kuruzar and Ken McLeod of CBRE Group Inc. represented the buyer in the deal. Vadim Baum of Keller Williams and Brian Moore of Sotheby’s International Realty represented the sellers.

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