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57-25 Cooper Avenue

Marshall Kesten Acquires Industrial Asset From Action Glass For $2,350,000 In Glendale
SOLDIndustrial

Marshall Kesten Acquires Industrial Asset From Action Glass For $2,350,000 In Glendale

57-25 Cooper Avenue

$2,350,000

$357/SF

Building Size

6,578 SF

Asset Type

Industrial

Closing

Mar 31, 2026

AI

The property involved in this transaction is located at 57-25 Cooper Avenue in Glendale and is classified as an industrial asset. The sale price for the property was $2,350,000, with a total square footage of 6,578, resulting in a price per square foot of $357.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,350,000
  • Address: 57-25 Cooper Avenue
  • Market: Glendale
  • Square Footage: 6,578
  • Price per Square Foot: $357
  • Buyer: Marshall Kesten
  • Seller: Action Glass
  • Broker Representatives: Eli Roerden & Bobby Lawrence - Matthews

The key individuals involved in this transaction include buyer Marshall Kesten and seller Action Glass. The property was represented in this deal by brokers Eli Roerden and Bobby Lawrence from Matthews, facilitating the sale between the two parties.

Players

Bobby Lawrence

Matthews

Broker

$80.7M

vol

25 deals

Broker
N
N/ABuyer

Glendale Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.75%

Cash-on-Cash

-1.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93