Vartan Pilavjyan Leases Office Space To New Horizons At 1612 West Glenoaks Boulevard

The property involved in the lease transaction is an office asset located at 1612 West Glenoaks Boulevard in Glendale. The asset has a total square footage of 10,000 and commands an asking rent of $30 per square foot under a NNN lease agreement for a term of 8 years.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $300,000
• Address: 1612 West Glenoaks Boulevard
• Market: Glendale
• Lease Term: 8 years
• Lease Type: NNN Lease
• Landlord: Vartan Pilavjyan
• Tenant: New Horizons - Serving Individuals with Special Needs
• Tenant's Representative: Ron Burkhardt - Newmark

Key individuals in the transaction include Vartan Pilavjyan, who is the landlord, and New Horizons - Serving Individuals with Special Needs, representing the tenant in this deal. The agreement was facilitated by Ron Burkhardt from Newmark, acting as the tenant's representative.