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Friday, May 9, 2025

Lancaster Retail Property Sells for $1 Million

Calabasas-based Marcus & Millichap has announced the sale of Lancaster Village, a 13,463-square foot retail property located at 1137 West Avenue I in Lancaster, which has sold to an undisclosed buyer for $1,025,000, according to James Brian Markel, regional manager of the firm’s Encino office. Senior Managing Director Investments Brandon Michaels at the Encino branch held the exclusive listing to market the property on behalf of the seller, AA Real Estate Investments.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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