After an extensive and creative marketing campaign, 2829-2843 Hyperion Avenue successfully closed escrow following a highly competitive sales process. The ±17,246-square-foot lot with ±9,884 square feet of existing improvements represented both a challenge and an opportunity. Our team strategically positioned the site as being shadow-anchored by Trader Joe’s and Gelson’s, tapping into the appeal of Silver Lake’s walkable lifestyle and proximity to elite retail.

We leveraged our deep experience selling environmentally impacted properties to overcome contamination hurdles and simultaneously marketed the asset for lease to generate additional interest and collect LOIs, creating leverage and optionality during the sale process. Despite the property being 50% vacant, we executed a compelling narrative that maximized its value.

Further complicating the deal was a court-ordered sale involving multiple seller interests. Through a thoughtful and disciplined approach, we navigated these complexities, ran a competitive marketing process, generated multiple qualified offers, and ultimately guided our client to a successful closing.