BEST OFFICE SALE DEAL OF THE YEAR
801 BRAND BLVD 801 Brand Blvd., Glendale
Deal Value: $42.8M
Newmark represented the seller, CBREIM, in the sale of 801 Brand Blvd., to the buyer East Arden LLC. The property sold for $42.8 million. This Class A office building is located in the heart of Glendale. It is a 13-story postmodern granite and glass building that offers easy access to the 134, 2 and 5 Freeways. Features include bright marble and glass lobby with lounge, landscaped patio with seating areas and water feature, storefront and tower vacancies with cubicles, conference rooms, adjacent parking structure with rooftop deck and large rooftop with helipad.
BEST OFFICE SALE
710 S. Central, Glendale
Deal Value: $11.7M
The CBRE team, led by Kyle Barratt, successfully orchestrated the sale of a nearly 44,000 square foot office building in Glendale for $11.65 million. This deal is particularly noteworthy because the building had been on the market unsuccessfully several times over the past two years. The owner was struggling financially to maintain the property. Utilizing its strategic marketing skills, expert market knowledge and extensive network, CBRE targeted owner / user potential buyers and finalized the sale within a few months.