4143 Glencoe/4170 Del Rey Ave

Posted in: - Aug 05, 2013

TLC acquired this four acre property with 80,000 square feet of improvements in 1997. Most of the property was leased to FEDEX and it continued to be leased to FEDEX until the property was sold to Archstone REIT in 2007. TLC had begun to entitle the property for a condominium development at the time TLC sold it. The sale of the property created a significant return on investments.

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