Acadia Realty Trust has acquired 8436-8452 Melrose Place, a collection of irreplaceable retail real estate, located in the Melrose Place shopping corridor from 810-VE Melrose LP for an undisclosed price.

The Melrose Place portfolio features distinguished and influential brands including The Row, Oscar de la Renta, Violet Grey, Chloe, Melanie Grant and L'Agence.

NKF vice chairman Jay Luchs represented the buyer and the seller in the transaction. This transaction represents Acadia's first acquisition in Los Angeles, and one that complements its existing portfolio of top retail assets across the nation's leading street and urban retail corridors.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.