{"id":1004245670,"date":"2018-07-27T11:32:21","date_gmt":"2018-07-27T19:32:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004245670"},"modified":"2022-12-07T03:39:24","modified_gmt":"2022-12-07T11:39:24","slug":"asana-partners-buys-la-mixed-use-portfolio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/","title":{"rendered":"Asana Partners Buys LA Mixed-Use Portfolio"},"content":{"rendered":"<p>By Evelyn Jozsa<\/p>\n<div id=\"attachment_1004245691\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004245691\" data-attachment-id=\"1004245691\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/highland-park1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a92006-2018 Erik Grammer \\u0026amp; EGP Imaging&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"The Fig Collection at Highland Park\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Fig Collection at Highland Park&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg?w=800\" class=\"wp-image-1004245691 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004245691\" class=\"wp-caption-text\">The Fig Collection at Highland Park<\/p><\/div>\n<p>Asana Partners has acquired The Fig Collection at Highland Park, a three-property <a href=\"https:\/\/www.commercialsearch.com\/news\/ventus-group-to-develop-300m-mixed-use-project\/\">mixed-use portfolio in Los Angeles<\/a> for $23.3 million. JLL\u2019s Capital Markets experts marketed the sale on behalf of the seller, Engine Real Estate and represented the buyer in the deal. The portfolio includes multifamily, retail and office space.&nbsp;<\/p>\n<p>Located at 5900 N. Figueroa St. and 111 S. Avenue 59, the two-building apartment community comprises 12 studios and one-bedroom units. The building at Figueroa Street features 11,305 square feet of ground-floor retail. The commercial space is 86 percent leased to two tenants, Kitchen Mouse and Tinfoil Liquor. The adjacent building at 111 S. Avenue 59 is a 4,167-square-foot bow-truss structure, which hosts a bakery.<\/p>\n<p>The second property at 5711 N. Figueroa St., is a 2,250-square-foot retail asset and is fully leased to Sonomama, a high-end gift and apothecary shop and Afters Ice Cream. Located at 5715-5717 N. Figueroa St., the third asset of the portfolio encompasses 22,500 square feet of commercial space, which is also 100 percent leased. The recently remodeled two-story building, featuring a basement, hosts LemonTree, Blind Barber, Chops Market and Ontono Restaurant. The second floor of the asset comprises an office space and it\u2019s occupied by Pacific Union and Arrive Enterprises.<\/p>\n<p>The properties are positioned adjacent to each other near Freeway 110, approximately 6 miles from downtown Los Angeles. The Fig Collection at Highland Park offers access to mass transit and employment centers downtown and in Burbank.<\/p>\n<p><em>\u201cThis portfolio was attractive to the buyer because of the opportunity to buy a stable asset in a growing submarket of Los Angeles,\u201d<\/em> said Dana Brody, senior vice president at JLL, in prepared remarks.<\/p>\n<p>Brody represented the seller and Geoff Tranchina, executive vice president of retail brokerage at JLL, worked on behalf of the buyer.<\/p>\n<p><em>Image courtesy of JLL&nbsp;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Engine Real Estate traded The Fig Collection at Highland Park for more than $23 million. The three-property portfolio includes multifamily, retail and office space. <\/p>\n","protected":false},"author":871,"featured_media":1004245691,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1594,21752,21742,15],"tags":[33708,41372,32796],"class_list":["post-1004245670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-los-angeles","category-mixed-use","category-latest","category-west","tag-asana-partners","tag-dana-brody","tag-jll"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asana Partners Buys LA Mixed-Use Portfolio - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asana Partners Buys LA Mixed-Use Portfolio\" \/>\n<meta property=\"og:description\" content=\"Engine Real Estate traded The Fig Collection at Highland Park for more than $23 million. The three-property portfolio includes multifamily, retail and office space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-27T19:32:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T11:39:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/\",\"name\":\"Asana Partners Buys LA Mixed-Use Portfolio - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg\",\"datePublished\":\"2018-07-27T19:32:21+00:00\",\"dateModified\":\"2022-12-07T11:39:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/07\/highland-park1.jpg\",\"width\":800,\"height\":620,\"caption\":\"The Fig Collection at Highland Park\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/asana-partners-buys-la-mixed-use-portfolio\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Asana Partners Buys LA Mixed-Use Portfolio\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\",\"name\":\"Evelyn Jozsa\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Evelyn-Jozsa-1.jpg?w=96\",\"caption\":\"Evelyn Jozsa\"},\"description\":\"Evelyn is a creative writer covering commercial real estate trends and insights in the U.S. Evelyn was previously a senior associate editor at Multi-Housing News and Commercial Property Executive. 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