25 Year NNN Leased   Walgreens  Dallas (Arlington), Texas

25 Year NNN Leased Walgreens
 Dallas (Arlington), Texas

 20 Units - 615 S. Cochran Ave. Los Angeles, CA

20 Units - 615 S. Cochran Ave.
Los Angeles, CA

 8 Units -  1315 N. Detroit St., Los Angeles, CA

8 Units -  1315 N. Detroit St.,
Los Angeles, CA

Jake Zacuto & Leor Binshtock of Stone-Miller have completed the sale of two prime multi-family assets totaling 28 units in the Miracle Mile and Hollywood submarkets of Los Angeles.  The Seller, a family trust, had owned the properties for over 30 years.  Both assets required active management and the Seller desired to exchange into a NNN management free investment property.  Through their marketing efforts, Zacuto & Binshtock obtained multiple offers and utilized a competitive bidding process to require the buyers to proceed on a non-contingent basis.  Zacuto & Binshtock then guided the family through a process to identify ideal asset classes and locations that suit their investment needs and capabilities.  The end result was a prime located Walgreens property on a 25 year NNN lease located across from the Dallas Cowboys Stadium in Dallas (Arlington), Texas.  Zacuto & Binshtock also represented The Roberts Companies in the purchase of the 615 S. Cochran property.

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