NAI Capital Represents the Buyer & Seller in the Urban Village South Park 100 Unit Mixed–Use Development in Downtown Los Angeles for $4.6 Mil

LOS ANGELES, CA – August 8, 2013 – (RealEstateRama) — Cheryl Pestor, Senior Vice President with NAI Capital’s Pasadena office, represented the Seller, Lamar Building Company, Inc., and the Buyer, Urban Village Development Company, LLC, in the sale and purchase of a 15,202 sq. ft. parking lot for a mixed-use development located at 1027 Olive Street in Downtown Los Angeles, CA. The value of the sales transaction was $4.6 Million dollars