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Tuesday, Nov 5, 2024

Glendale’s Onyx Complex Sells for $86 Million

An undisclosed institutional buyer has acquired the Onyx, a mixed-use property in Glendale, for $86.2 million. Burbank-based Chandler Pratt & Partners sold the 183-apartment unit Onyx in Glendale’s central business district, according to a report on Bisnow. Eastdil Secured represented both the seller and the undisclosed buyer. Located mere blocks away from the Americana at Brand and the Glendale Galleria retail destinations at 301 N. Central Ave., the Onyx features studio, one-, two- and three-bedroom apartments, as well as a few townhomes. The six-story building sits on a 33,200-square-foot lot and includes 4,400 square feet of ground-floor retail.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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