DAUM REPRESENTS BUYER IN THE ACQUISITION OF A $29 MILLION MEDICAL OFFICE BUILDING IN GLENDALE, CAOct 22, 2014
DAUM Commercial Real Estate Services announced today that it represented Cypress West Partners (CHP) in the acquisition of a 76,758 square foot medical office building in Glendale, CA. The property is located at 1500 E Chevy Chase Drive and consists of a 4-story, 76,758 square foot building on 0.69 acre of lot. The building was built in 2008 and sits on the Glendale Adventist Medical Center campus. The total consideration of the sale was $29,000,000 ($378 PSF).
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 LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.