Pendulum Property Partners Acquires Burbank Office Building For $61.5M
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This Office property located in CA was sold for $61,500,000 almost 4 years ago. The broker of the deal was Kevin Shannon
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- Location2901 West Alameda Avenue, Burbank, CA 91505
- Sale Price$61,500,000$492 PPSF
- Area124,785 SF
- Asset TypeOffice
- Parties1 Broker, 1 Agency
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Deal Summary
SALE
IMAGE: Peter Briger, Kevin Hayes, Russ Allegrette & Kevin Shannon
DATE: 05/26/2021
ADDRESS: 2901 W. Alameda Ave.
MARKET: Burbank
ASSET TYPE: Office
BUYER: Pendulum Property Partners - Kevin Hayes
SELLER: Fortress Investment Group - Peter Briger & Ocean West Capital Partners - Russ Allegrette
BROKER: Kevin Shannon - Newmark
SALE PRICE: $61,500,000
SF: 124,785 ~ PPSF: $492
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2901 West Alameda Avenue
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