TDA Investment Group Sells Mixed-Use Property In Glendale For $13,000,000 With CBRE Representatives
130 North Brand Boulevard
$13,000,000
$252/SF
Building Size
51,549 SF
Asset Type
Mixed-use
Closing
Jul 16, 2026
AI
The property asset involved in this transaction is a mixed-use building located at 130 North Brand Boulevard in Glendale. The property was sold for $13,000,000, encompassing a total square footage of 51,549, with a price per square foot of $252.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $13,000,000
- Address: 130 North Brand Boulevard
- Market: Glendale
- Square Footage: 51,549
- Price per Square Foot: $252
- Seller: TDA Investment Group
- Buyer's Representative: Artak Dovlatyan - Specialized Realty
- Seller's Representatives: Kyle Barratt, Mark Perry, Jackie Benavidez & Max Allard - CBRE
The transaction involved several key individuals, including Artak Dovlatyan representing the buyer from Specialized Realty, and the seller represented by a team from CBRE, consisting of Kyle Barratt, Mark Perry, Jackie Benavidez, and Max Allard all working on behalf of TDA Investment Group.
Players
Glendale Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93