Charing Cross Partners Acquires Retail Property In Glendale For $61.8M

The retail property located at 5040 San Fernando Rd, Glendale, CA, was sold on 09/28/2021 for a total price of $61,800,000.00. The asset spans a total of 111,624 square feet and was part of a transaction in Glendale involving the seller's representative Matthew "Matt" Schwartz from Newmark, and the buyer, Charing Cross Partners.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $61,800,000.00
• Address: 5040 San Fernando Rd, Glendale, CA
• Market: Glendale
• Seller's Rep: Matthew "Matt" Schwartz (Newmark)
• Buyer: Charing Cross Partners
• Square Footage: 111,624

The sale of the retail property in Glendale involved the representation of Matthew "Matt" Schwartz from Newmark, acting as the seller's representative, and Charing Cross Partners as the purchasing entity.