REBusinessOnline

CBRE BROKERS $22.5 MILLION SALE OF GLENDALE EXCHANGE

GLENDALE, CALIF. — Hollywood, Calif.-based 1027 Wilshire Associates LLC has purchased Glendale Exchange, a 92,154-square-foot retail/office development located along Maryland Avenue in Glendale, for $22.5 million. The property is 100 percent leased to a variety of tenants, including a 10-screen Mann Theater and a 6,000-square-foot Tony Roma’s restaurant. Dan Riley, Sam Alison and Geoff Martin of CB Richard Ellis (CBRE) represented the seller, Florida-based Glendale Exchange MW LP, in the transaction.

Content Partners
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