SOLD
Matevosian Investment Group Procures Burbank Industrial Warehouse Deal For $1.45M
2908 North Naomi Street
Industrial
4,400 SF
4,400 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
Industrial
4,400 sqft
A warehouse located at 2908 N. Naomi St. in Burbank has recently been sold for a price of $1,450,000. The industrial property spans across 4,400 square feet, resulting in a price per square foot of $329. This deal was facilitated by KW Commercial, who acted as the broker in the transaction.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $1,450,000
- Date: 06/25/2021
- Address: 2908 N. Naomi St.
- Market: Burbank
Matevosian Investment Group was able to secure this warehouse deal at $329 per square foot in Burbank, at a time when similar properties are trading for $400-$500 per square foot. Their ability to source deals, leverage connections, and utilize resources has proven instrumental in securing exceptional deals for their clients. Matevosian Investment Group takes a proactive approach to finding deals, rather than waiting for opportunities to come their way.
Players
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Alex Matevosian
DATE: 06/25/2021
ADDRESS: 2908 N. Naomi St.
MARKET: Burbank
ASSET TYPE: Industrial
BROKER: KW Commercial
SALE PRICE: $1,450,000
SF: 4,400 ~ PPSF: $329
NOTES: We were able to procure a warehouse deal at $329 per foot in Burbank, at a time where similar properties are trading for $400-$500 per foot. At Matevosian Investment Group its about how we deal source, how we use leverage/connections, and how we utilize our resources in securing exceptional deals for our clients. We don't wait for the phones to ring, our team makes it happen.View on map
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Address2908 North Naomi Street
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