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Tova Capital JV Acquires Freestanding Santa Monica Retail
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Tova Capital JV Acquires Freestanding Santa Monica Retail
Local real estate investment and development firm Tova Capital, Inc., in joint venture with Shopton Capital, has acquired a 7,500-square-foot, freestanding retail building at 801-805 Wilshire Blvd. in downtown Santa Monica for $5.5 million. The seller was not disclosed. Originally developed in 1981, the single-story building sits on a 15,000-square-foot corner lot at the signalized intersection of Wilshire and Lincoln boulevards with exposure to…
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