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426 Magnolia Avenue

Ron Feder and Rob Arrand are pleased to report the successful closing of 426 Magnolia Ave. and 431 Cypress Street in Glendale. This 9,200 sf building has been a machine shop for dozens of years and it was time for the owners to retire. After marketing the property for a few weeks, the agents received multiple offers. The Sellers selected WW Manufacturing, LLC as the buyer, as they were clearly motivated and wanted the property. There were a few hiccups in the transaction, however the agents were able to keep everyone focused towards a successful closing. The sales price was $3,100,000.