Montage Retail ExThe long (forever) vacant ground floor retail space at the Montage sold on Friday.  The deeds haven’t populated on the Recorder’s site yet, but the price appears to be $700,000 based on the transfer tax paid.

The FLYER listed the retail spaces at 22,000 SF, so the price was just under $32/SF.  That is raw land value.

The buyer is Commercial Montage LLC, a newly formed entity with Stacie Mathewson listed as a Manager.  Stacie is best known for her Foundation  and Transforming Youth Recovery.  I guess that means no Ruth’s Chris Steakhouse.

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