SAN GABRIEL, CALIF. — Cushman & Wakefield has arranged the sale of Las Tunas Plaza, a neighborhood shopping center in San Gabriel, an eastern suburb of Los Angeles. The property traded for $10 million, or $572 per square foot. The names of the seller and buyer were not released.
Situated on 1.3 acres at 805-841 W. Las Tunas Drive, Las Tunas Plaza offers 17,473 square feet of retail space. At the time of sale, the property was 90 percent leased to a variety of tenants, including 7-Eleven, Golden Deli and Bopomofo Café.
Joseph Lising, Mitchell Neff and Maureen Gitto of Cushman & Wakefield’s Southern California Retail and Capital Markets team represented the seller in the deal.