Pine Tree Acquires Retail Property In Glendale For $64.1M

The retail property located at 106-146 South Brand Boulevard in Glendale has been sold for a total price of $64,100,000. The property spans an area of 2.2 acres and features a total square footage of 154,049. The price per square foot comes out to be $416. The transaction took place on January 11, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $64,100,000
• Address: 106-146 South Brand Boulevard, Glendale
• Market: Glendale
• Size: 2.2 acres
• Square Footage: 154,049
• Price per Square Foot: $416

Pine Tree has acquired the property from EB Arrow. The seller was represented by Gleb Lvovich, Bryan Ley, Geoff Tranchina, and Daniel Tyner from JLL Capital Markets.