Gevorkian Academy Acquires Industrial Property In Burbank For $4.6M

The industrial property located at 58-68 East Santa Anita Avenue in Burbank was sold for $4,600,000. The property spans 9,251 square feet, resulting in a price per square foot of $497. The transaction took place on March 26, 2024. The seller's representatives for this deal were Mike Zugsmith and Sam Glendon from CBRE.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,600,000
• Address: 58-68 East Santa Anita Avenue
• Market: Burbank
• Square Footage: 9,251
• Buyer: Gevorkian Academy
• Seller's Rep: Mike Zugsmith & Sam Glendon - CBRE

Mike Zugsmith and Sam Glendon from CBRE facilitated the sale between the buyer, Gevorkian Academy, and the seller in this industrial property transaction. The buyer acquired this property in Burbank, adding to their real estate portfolio in the area.