SOLD
CPD Los Angeles LLC Acquires Industrial Property In Glendale For $25.5M
1225, 1275, 1295, 1291 Los Angeles St.; 440, 444 Cypress St.; 437, 449 Fernando Ct.
Industrial
131,000 SF
131,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
131,000 sqft
The industrial property located at 1225, 1275, 1295, 1291 Los Angeles St.; 440, 444 Cypress St.; 437, 449 Fernando Ct. in Glendale has been sold for a price of $25,500,000. The property spans across 131,000 square feet, resulting in a price per square foot of $198. The transaction took place on November 18, 2019.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $25,500,000
- Square Footage: 131,000
- Price per Square Foot: $198
- Market: Glendale
The seller of the property is Pacific States Box & Basket Co. Inc., while the buyer is CPD Los Angeles LLC, represented by KOAR Institutional Advisors. The brokers involved in the deal are Mike Maniscalchi and Tony Maniscalchi from Systems Real Estate Management Inc., as well as Hunter Warner and Brett Warner from Lee & Associates.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Mike Maniscalchi, Tony Maniscalchi, Hunter Warner & Brett Warner
DATE: 11/18/2019
ADDRESS: 1225, 1275, 1295, 1291 Los Angeles St.; 440, 444 Cypress St.; 437, 449 Fernando Ct.
MARKET: Glendale
ASSET TYPE: Industrial
PRICE: $25,500,000
SF: 131,000
PPSF: $198
SELLER: Pacific States Box & Basket Co. Inc.
BUYER: CPD Los Angeles LLC - KOAR Institutional Advisors
BROKERS: Mike Maniscalchi, Tony Maniscalchi - Systems Real Estate Management Inc., Hunter Warner, Brett Warner - Lee & AssociatesView on map
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Address1225, 1275, 1295, 1291 Los Angeles St.; 440, 444 Cypress St.; 437, 449 Fernando Ct.
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