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FINfacts Date: 11/17/2008
Transaction Description:
$2,800,000 Investment Sale of a Two-Story Industrial Condominium in Sun Valley, CA 

The subject property is a six-unit, partially-vacant, Industrial Condominium totaling roughly 38,000 square feet. The subject is a part of a 84,000 SF Industrial Condominium Complex adjacent to the Burbank Airport. Formerly an owner user site, the site was re-develved as industrial condos in 2006. This sale equates to approximately $.74 PSF.

GSP represented the buyer and seller in the transaction.