Updated May 1, 2026
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
About this deal
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.
On the Map
$2,350,000
$357/SF
Industrial
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Players
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