Long Beach Commercial Property Sells for $29M

Long Beach Commercial Property Sells for $29M
600 E. Broadway

Fort Ashford Funds purchased a building with a Vons in Long Beach for $29 million, records show.

The building, at 600 E. Broadway, is nearly 48,000 square feet. It was sold by Fortress Investment Group.

The property is fully leased to Vons, with 19 years remaining on the grocer’s lease, according to CoStar Group Inc.

Sands Investment Group’s Andy Chana and Daniel Hoogesteger represented the seller.

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

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