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Grandview Campus 2 Office Properties in Glendale, CA
INVESTMENT HIGHLIGHTS
- Ideal Campus Environment with 107,024 SF of Office Space Spread Across Two Buildings
- Recent Renovation of $1M
- Outdoor Plaza Includes Basketball Court, Ideal for HQ or Media Companies
- Fully Secured, Creative Enviroment with Incredible Access to Highways 5, 134, 101 and 2
EXECUTIVE SUMMARY
Copy Link to Download Offering Memorandum: https://www.pcplistings.com/listings/grandviewcampus/
THE OFFERING
CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire 1011 & 1015 Grandview Avenue, Glendale, California (the “Buildings”, “Property” or “Grandview Campus”). The property is a fully secured, 3.6 acre, 107,024 square foot, low-rise campus consisting of two, Class-A, office buildings and a parking structure in the epicenter of LA’s media and entertainment industry, adjacent to three major studios (Disney, NBCU, Warner Media). The Property benefits from highly flexible zoning, accommodating a diverse range of potential uses including educational institutions, broadcasting studios, retail establishments, medical and dental offices, general office space, mixed-use development and more. The property is being offered on a fee simple basis, free and clear of any existing financing, and on an “as-is, where-is” basis.
INVESTMENT HIGHLIGHTS
— Owner-User Opportunity | Grandview Campus offers an ideal campus environment with 107,024 square feet of office space spread across two buildings, equipped with an outdoor plaza that includes a basketball court. The campus is ideal for a corporate HQ office, or for sophisticated media, entertainment, and related companies, providing the rare opportunity to have production, post-production and office all in one location. While designed with media and entertainment companies in mind, Grandview Campus provides flexibility for the end user as it previously housed a college and the County of Los Angeles.
— Recently Renovated | Efficient design with significant improvements & creative modernization including a $1 million secured main entryway, prominent lobbies in the 1011 & 1015 Grandview Avenue Buildings, an excellent balance of private offices, conference rooms and tenant lounge areas, all complete with wayfinding throughout its interior.
— Business Friendly City | Companies located in Glendale benefit from no gross receipts tax or business license fees.
— Incredible Access | Over 2.3 million people residing within 10 miles of the campus and is proximate to the Golden State (5), Ventura (134), U.S. (101) and Glendale (2) Freeways and within close proximity to the Glendale MetroLink Station.
— Fully Secured, Creative Environment | Grandview Campus features an efficient design with significant improvements and creative modernization completed in 2017 that includes a full sized basketball court, a secure parking structure and efficient lot with easy access to each building of the fully secured campus.
THE OFFERING
CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire 1011 & 1015 Grandview Avenue, Glendale, California (the “Buildings”, “Property” or “Grandview Campus”). The property is a fully secured, 3.6 acre, 107,024 square foot, low-rise campus consisting of two, Class-A, office buildings and a parking structure in the epicenter of LA’s media and entertainment industry, adjacent to three major studios (Disney, NBCU, Warner Media). The Property benefits from highly flexible zoning, accommodating a diverse range of potential uses including educational institutions, broadcasting studios, retail establishments, medical and dental offices, general office space, mixed-use development and more. The property is being offered on a fee simple basis, free and clear of any existing financing, and on an “as-is, where-is” basis.
INVESTMENT HIGHLIGHTS
— Owner-User Opportunity | Grandview Campus offers an ideal campus environment with 107,024 square feet of office space spread across two buildings, equipped with an outdoor plaza that includes a basketball court. The campus is ideal for a corporate HQ office, or for sophisticated media, entertainment, and related companies, providing the rare opportunity to have production, post-production and office all in one location. While designed with media and entertainment companies in mind, Grandview Campus provides flexibility for the end user as it previously housed a college and the County of Los Angeles.
— Recently Renovated | Efficient design with significant improvements & creative modernization including a $1 million secured main entryway, prominent lobbies in the 1011 & 1015 Grandview Avenue Buildings, an excellent balance of private offices, conference rooms and tenant lounge areas, all complete with wayfinding throughout its interior.
— Business Friendly City | Companies located in Glendale benefit from no gross receipts tax or business license fees.
— Incredible Access | Over 2.3 million people residing within 10 miles of the campus and is proximate to the Golden State (5), Ventura (134), U.S. (101) and Glendale (2) Freeways and within close proximity to the Glendale MetroLink Station.
— Fully Secured, Creative Environment | Grandview Campus features an efficient design with significant improvements and creative modernization completed in 2017 that includes a full sized basketball court, a secure parking structure and efficient lot with easy access to each building of the fully secured campus.
PROPERTY FACTS
| Sale Type | Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 107,024 SF |
| Number of Properties | 2 | Total Land Area | 3.59 AC |
| Sale Type | Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 107,024 SF |
| Total Land Area | 3.59 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1015 Grandview Ave, Glendale, CA 91201 | Office | 58,540 SF | 1938 | - |
| 1011 Grandview Ave, Glendale, CA 91201 | Office | 48,484 SF | 1950 | - |
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CONTACTS
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Melissa Moock -
Mark Shaffer -
Sean Sullivan -
Anthony DeLorenzo -
Grant Goldman -
Michael Longo -
CBRE
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