Steve Elson And Brad Pennington Acquire Industrial Asset In Burbank For $29 Million
California
See Similar DealsSteve Elson And Brad Pennington Acquire Industrial Asset In Burbank For $29 Million
100 East Graham Place
See Similar DealsSummary
The property asset involved in the transaction is an industrial space located at 100 East Graham Place in Burbank. The sale price for this asset was $29,000,000, covering a total square footage of 104,795, resulting in a price per square foot of $276.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $29,000,000
- Address: 100 East Graham Place
- Market: Burbank
- Square Footage: 104,795
- Price per Square Foot: $276
- Buyer: Steve Elson & Brad Pennington - Alta West Partners; John Bruno, Adrian Bejarano, Ricardo Goldberg & Milan Bhatt - OlivePoint Capital
- Seller: Asher Luzzatto - The Luzzatto Company
The key individuals involved in this deal include the buyers, representing two distinct groups: Alta West Partners and OlivePoint Capital. Each of these groups played an integral role in the transaction, which reflects a collaboration between multiple buyers and a singular seller, Asher Luzzatto from The Luzzatto Company.
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