Mushmel Properties has paid $20.9 million, or $380.36/sf, for the 54,946-square-foot Ralphs at Market Lofts retail space in Los Angeles. The Los Angeles investment firm structured its purchase as part of a tax-deferred exchange. The property comprises the ground floor of a 267-unit residential building at 645 West 9th St. Mushmel purchased it from MDC […]

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