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| Roger L. Beck |
LOS ANGELES, CA – Charles
Dunn Company, one of the largest full-service regional real estate firms in the
western United States, has completed the $1.84 million sale of a vacant,
three-story, 7,100-square-foot office building located in Burbank, Calif.
Roger L. Beck,
SIOR of Charles Dunn Company, represented the seller, Los Angeles-based
MarketHealth. The buyer, NHC Group, Inc., was represented by Marcus &
Millichap.
NHC Group, which markets
beauty and health products, is relocating from a space it was leasing in
Burbank. NHC’s owner, Neyda Ricardo, will also use the space to broadcast her
radio show.
Located at 2049 N. Lincoln
St., the property is situated a few blocks from the Burbank Airport and offers
excellent access to the 5 Freeway and Downtown Burbank.
The seller, also a
health products company, built the property in 2008 and recently relocated to a
newly acquired building in Studio City. Roger Beck also represented
MarketHealth in this acquisition.
“We marketed this property
as a well-located, quality asset and focused on owner/users in the Los Angeles,
area,” said Beck. “We secured multiple offers and sold the building within just
two weeks. Newer, upgraded small buildings such as this one are in demand as
users seek to avoid rising lease rates.”
For a
complete copy of the company’s news release, please contact:
Darcie Giacchetto
949.278.6224
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