A three-unit industrial building with 14,818 square feet in Glendale has sold for $3.8 million.Situated on a 22,507-square-foot parcel at 426-434 W. Cypress St., the structure is divided into two 5,000-square-foot units and one 4,818-square-foot unit.The building is fully occupied; two units are occupied by a media/studio tenant, and one unit is occupied by a beauty and wellness company.Yair Haimoff, executive managing director of Spectrum Commercial Real Estate, represented the undisclosed buyer in this investment sale.Haimoff said that the seller had multiple offers.“It was a highly competitive purchase with several offers that were all-cash and above asking price,” he said.
Glendale Warehouse Sells for $3.8 Million
