LOS ANGELES, CA – Charles Dunn Company, one of the largest full-service regional real estate firms in the Western United States, has completed an office building sale and a subsequent lease transaction on behalf of its client, the Glendale Chamber of Commerce.
Bill Boyd and Scott Unger of Charles Dunn Company represented Glendale Chamber of Commerce on the sale of its former 3,500 square foot office property located at 200 South Louise in Glendale for $1,675,000. The Charles Dunn Company team won the property listing over several other large brokerage firms.
“Our team experience and local market knowledge, after 30 years in this market, has given us the ability to accurately value properties,” said Boyd. “We advised on a higher asking price than our competition, according to our client, and were able to secure a final sales price of nearly $500,000 above the other firms’ list price recommendations.”
Boyd and Unger also worked with the Chamber to find new ground floor space at Glendale’s 701 North Brand Boulevard building (top left photo) The Chamber signed a 10-year lease valued at more than $500,000 for 1,637 square feet. The organization plans to relocate to its new space mid-November.
According to Boyd, the 100-year-old Chamber wanted to its new headquarters to have a more prominent and visible location and was able downsize to save on real estate related expenses.
Contact: Darcie Giacchetto, D.G. Communications, Inc., 949.278.6224
1 comment:
This is really nice, I have been looking at office properties
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