X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Developer Jamison Properties has acquired a 0.65-acre land site in West L.A. and plans to build approximately 100 apartment units. The developer purchased the site from a family partnership of local investors for $16 million or $564 per square foot.

The property is located at 11600 Santa Monica Blvd. The sellers operate a car wash on the property and will lease back the site while the buyer secures entitlements.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.