DivcoWest Leases Office Space To Mitsubishi Chemicals At 655 North Central Avenue

The property at 655 North Central Avenue in Glendale, an office asset, was involved in a lease transaction recently. The property spans 11,480 square feet and features an asking rent of $3.50 per square foot. The deal took place on 04/12/2024 and included DivcoWest as the landlord and Mitsubishi Chemicals Of America as the tenant.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Lease
• Address: 655 North Central Avenue
• Market: Glendale
• Landlord: DivcoWest
• Tenant: Mitsubishi Chemicals Of America
• Landlord's Rep: Douglas Marlow - CBRE
• Tenant's Rep: Michael Arnold - NAI Capital
• Asking Rent: $3.50/ft.
• SF: 11,480

Michael Arnold from NAI Capital served as the tenant's representative in the lease deal, while Douglas Marlow from CBRE represented the landlord. This transaction brought together key individuals from these firms, contributing to the successful agreement between DivcoWest and Mitsubishi Chemicals Of America.