H&H Drug Stores Acquires Office Building In La Crescenta For $5.8M

A $5.8 million office property located at 2540 Foothill Blvd in La Crescenta has been sold. The transaction took place on December 31, 2018, with a total square footage of 19,757. The price per square foot for the property was $293. The buyer of the property was H&H Drug Stores and the seller was Linger Chu. The buyer was represented by Zach Krasman, while Kris Hons served as the seller's representative.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $5,800,000
• Square Footage: 19,757
• Price per Square Foot: $293
• Buyer: H&H Drug Stores
• Seller: Linger Chu
• Buyer Representative: Zach Krasman - Buyer Representative
• Seller Representative: Kris Hons - Seller Representative

The sale of this office property represents a significant transaction in the La Crescenta market. The buyer, H&H Drug Stores, and the seller, Linger Chu, were represented by Zach Krasman and Kris Hons, respectively. This transaction highlights the thriving commercial real estate market in La Crescenta and showcases the expertise of both buyer and seller representatives.