310-491-2019
, Glendale, CA for Sale
Office - FOR SALE
1/2
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Grandview Campus
Glendale, CA
Grandview


HIGHLIGHTS

  • Ideal Owner/User Campus Opportunity- R&D/Advanced Manufacturing, Medical Office, School, Media/Entertainment
  • Heavy Power with 2,000 Amps to each building
  • Slab-to-Slab Heights: 13'8" to 18'2"
  • 3.6 AC Site provides optionality for residential redevelopment
  • Above Market Structured Parking at 4.09/1,000 SF
  • Business Friendly - No Gross Receipts Tax or Business License Fee in City of Glendale

OVERVIEW

Newmark is pleased to present the opportunity to acquire 1011 & 1015 Grandview Avenue, Glendale, California (the “Buildings,” “Property,” or “Grandview Campus”). Grandview Campus is a fully secured, approximately 3.6-acre, 107,024-square-foot low-rise research & development (R&D) campus comprised of one Class A office building, a manufacturing building that has been thoughtfully converted to creative office, and a parking structure, strategically positioned in the heart of Los Angeles’ media and entertainment corridor and also proximate to Caltech, one of the strongest institutions globally for science, engineering, and R&D. IF YOU WOULD LIKE TO RECEIVE THE OFFERING MEMORANDUM, PLEASE FILL OUT AND SUBMIT THE CONFIDENTIALITY AGREEMENT THAT IS IN THE ATTACHMENT SECTION OF THIS WEBSITE. The renovated Property benefits from heavy power, flexible zoning, and above-market ceiling heights that accommodates a diverse range of potential uses, including research and development, warehousing, light manufacturing, educational facilities office, broadcasting studios, retail, and medical and dental offices. The Property is being offered on a fee simple basis, free and clear of existing financing, and on an “as-is, where-is” basis. In addition to being an ideal owner/user opportunity, Grandview Campus is a phenomenal land opportunity in the City of Glendale: ±3.6 acres under SFMU (Commercial/Residential Mixed Use) zoning, allows up to 126 dwelling units (35 units/acre), or 252 units (70 units/acre) with a 100% state density bonus. No minimum density also makes it well suited to low-density SFR. The site also includes an existing parking structure with 438 parking spaces that can be utilized by a future development, helping offset construction costs.

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Michael MooreNewmarkMore Info
310-491-2019

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Michael MooreNewmarkMore Info
310-491-2019

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