property

8800-8804 Melrose Avenue

2026 Acquired by Acadia Realty Trust in July 2026
At a glance

Single-tenant luxury retail property at 8800-8804 Melrose Avenue in West Hollywood. Acadia Realty Trust states that it acquired the property in July 2026 for $29 million and that it is leased to Jacquemus. Transaction reporting identifies Jason Illoulian/Faring Capital, Cobby Pourtavosi/Capital Insight, and Ponya Abdi/Parallel Acquisitions on the seller side.

Street retail property Acadia Realty Trust and SEC acquisition disclosures for buyer/price/property; transaction reporting for seller-side participants
What the record shows

Key facts

Amount
$29 million sale
Address
8800-8804 Melrose Avenue, West Hollywood, California 90069
Financial context
Acadia Realty Trust disclosed a $29 million July 2026 acquisition; transaction reporting identifies Jason Illoulian/Faring Capital and two other real-estate groups on the seller side.
Documented amounts
$29 million acquisition · $7,250 per square foot reported by Traded
Tenant
Jacquemus
Building Square Feet Reported
4000
Address Discrepancy
Acadia property page says Los Angeles, CA 90069; Acadia earnings release and transaction reporting say West Hollywood.
Culver City Bridge
No direct relationship established
Evidence

Sources

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Context note

Acadia's July 28, 2026 earnings release and SEC Form 10-Q establish the acquisition, $29 million price, location, and July timing; Acadia's current property page identifies the asset as part of its Melrose Collection and fully leased. Traded identifies Jason Illoulian/Faring Capital, Cobby Pourtavosi/Capital Insight, and Ponya Abdi/Parallel Acquisitions as seller-side participants and Jay Luchs/Newmark and Carine Mamann/Cushman & Wakefield as brokers. CoStar independently associates Faring, Capital Insight, Parallel Acquisitions and Acadia with the transaction. LoopNet lists parcel numbers 4336-024-013 and 4336-024-014. Acadia's property page labels the postal city as Los Angeles while its earnings release and transaction sources describe the property as West Hollywood; this record preserves West Hollywood as the municipal context while noting the source discrepancy. No Culver City or CCUSD relationship is inferred from this West Hollywood transaction.