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Hodgdon Group Represents Ashley Furniture in Purchase of Former Circuit City Building in Hawthorne
Aaron Hodgdon of Hodgdon Group Realty represented Ashley Furniture Industries, Inc. in the acquisition of a former Circuit City building in Hawthorne, CA.
Located in the South Bay area of Los Angeles County at 14600 Ocean Gate Avenue in Hawthorne, the 33,952-square-
"Although the real estate market is still challenging, it has provided a great opportunity for Ashley, the No. 1 retailer and manufacturer of furniture in North America, to acquire vacant big box space such as this former Circuit City building and transform them into great showrooms," said Aaron Hodgdon, President of Hodgdon Group Realty Inc. "We are currently negotiating on several new locations in Southern California and are continuing to look for more value-add opportunities to buy or lease."
The Hodgdon Group represents Ashley Furniture vxfng Industries on the west coast and recently negotiated the following transactions on behalf of Ashley: the purchase of 439,000 square feet of industrial space in Colton, Calif., one of the largest user‐sale transactions in Southern California in 2009; the purchase of a former Wickes Furniture in Victorville;
The Hodgdon Group is a full-service real estate brokerage, development and construction management company for all of types of real estate projects. For more information about the Hodgdon Group, please call Aaron Hodgdon at 909.783.3020.