DAUM REPRESENTS BOTH PARTIES IN THE SALE OF A 4,320 SF OFFICE BUILDING ON 39,701 SF OF LAND IN SUN VALLEY, CAJun 3, 2013
DAUM Commercial Real Estate Services announced today that it represented both parties in the sale of a 4,320 square foot office building located in Sun Valley, CA. The total consideration of the sale was $1,815,000 ($420 PSF).
Chris Sullivan and Larry McEwan of DAUM’s San Fernando Valley office represented the seller, and James Connor, also of DAUM’s San Fernando Valley office represented the buyer in the transaction. The property is located at 9701-9723 Glenoaks Boulevard in Sun Valley, CA. The property features a 4,320 square foot office building on 39,701 square feet of land. The two-story office building was completed in 1992 and includes both M2 and C2 zoning, a large gated yard and access from two streets. The buyer intends to occupy the building as an owner/user.
DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management. Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company. DAUM has 9 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.
DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International members represent over 50 independent commercial real estate brokerages, with more than 2,200 associates, in over 170 offices throughout 32 countries. In 2007 ONCOR International members were collectively responsible for approximately $38.4 billion in commercial real estate volume and over 17,000 commercial real estate transactions. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.