Mushmel Properties Pays $21M for Ralphs-anchored retail in DTLA

Retail real estate investor Mushmel Properties paid $20.9 million for a Ralphs-anchored retail property in the South Park neighborhood of downtown Los Angeles. The family-owned investment firm is based in Sherman Oaks and will add the Ralphs property to its portfolio of Southern California neighborhood centers, strip malls and single-tenant parcels. The purchased property totals […]This article originally appeared on The Real Deal. Click here to read the full story.