Expo Park Plaza Sells for $18M

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Expo Park Plaza Sells for $18M
Expo Park Plaza

Expo Park Plaza, a retail center in Exposition Park, has sold for $17.85 million, Lee & Associates announced May 20.

Lee & Associates’ Cole Martens and Cory Stehr represented the buyer, Irvine-based Ventus Group. CAST Real Estate Holdings, the seller, was self-represented.

Expo Park Plaza is a roughly 30,000-square-foot retail center in Exposition Park. It will be part of a 4.4-acre redevelopment of the area.

“The buyer plans to remodel the center to reflect the revitalization that is occurring in the community,” Martens said in a statement.

The center, at 3900 S Figueroa St., is fully leased.

Commercial real estate reporter Hannah Madans can be reached at [email protected]. Follow her on Twitter @HannahMadans

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Hannah Welk
Hannah (Madans) Welk is the interim editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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