Arcadia Site Sells for $59 Million

Brookfield Residential Properties Inc. has purchased a 12.1-acre site in Arcadia for $58.5 million. It is a subsidiary of Brookfield Corp., one of the largest office owners in downtown Los Angeles. The property, located at 4241 E. Live Oak Ave., was once a mobile home park and has been vacant since 2016. The sale of … Continue reading Arcadia Site Sells for $59 Million