money

2024 Fox Hills Plaza Acquisition

2024-03 2024 Reported closed transaction
At a glance

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 acquisition Multiple transaction sources with preserved discrepancy
What the record shows

Key facts

Amount
$49 million reported acquisition
Address
6201 Bristol Parkway, Culver City, California 90230
Financial context
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.
Documented amounts
$49 million reported acquisition/deal value · $46,079,500 sale price reported by Kidder Mathews
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
Evidence

Sources

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Context note

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.