money

2024 Fox Hills Plaza Acquisition

2024-032024Reported closed transaction

Reported 2024 acquisition of the Fox Hills Plaza redevelopment site in Culver City. Los Angeles Business Journal reports REDA Residential and an undisclosed private family office acquired the seven-acre site for $49 million; Kidder Mathews separately identifies Bristol Parkway Investors, LLC as buyer and reports a $46,079,500 sale price.

Property acquisitionMultiple transaction sources with preserved discrepancy

Record Details

Reported Seller

Bristol Parkway Propco, LLC

Reported Buyer Kidder Mathews

Bristol Parkway Investors, LLC

Reported Acquisition Group Labj

REDA Residential and an undisclosed private family office

Buyer Broker Reported

Eric Mandell / Ally Commercial Real Estate

Seller Broker Reported

Laurie Lustig-Bower / CBRE

Site Acres Reported

7

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Financial Relationship

Reported acquisition of Fox Hills Plaza by REDA Residential with an undisclosed private family office; Kidder Mathews identifies Bristol Parkway Investors, LLC as buyer. Seller reported as Bristol Parkway Propco, LLC.

Amount

$49 million reported acquisition

Amounts

$49 million reported acquisition/deal value$46,079,500 sale price reported by Kidder Mathews

Record Notes

Source amounts and buyer descriptions are not identical. Los Angeles Business Journal and Orange County Business Journal report a $49 million acquisition by REDA Residential with an undisclosed private family office. Kidder Mathews lists Fox Hills Plaza at $46,079,500, buyer Bristol Parkway Investors, LLC, seller Bristol Parkway Propco, LLC. Brokerage reporting identifies Eric Mandell/Ally Commercial Real Estate with the buyer side and Laurie Lustig-Bower/CBRE with the seller side. The record preserves these formulations and does not infer the corporate relationship among REDA, the undisclosed family office, and Bristol Parkway Investors, LLC.

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