Story thread · 2 reports / 2 sources

Decron Pays $114M for Miracle Mile Complex

labusinessjournal.com · 2hShare

Decron Properties grew its hometown multifamily footprint for the first time in two years, the Business Journal has learned. The Mid-Wilshire real estate firm paid $114 million, or $365 per square foot, to purchase 5550 Wilshire Blvd. on Miracle Mile, according to a spokesperson for Decron. The sale price works out to “well below replacement […] The post Decron Pays $114M for Miracle Mile Complex appeared first on Los Angeles Business Journal .

First report: Decron Properties Buys 163-Unit Property in L.A.’s Miracle Mile for $114M — commercialobserver.com, 2d