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Los Angeles Office

Madison's Three-Peat in Glendale

Madison Partners' sale of the Glendale Financial Center, 225 W Broadway in Glendale, marks the third time the brokerage has sold the 112k SF office building. (Maybe this time the building will get the hint.) It's 95% leased. The buyer, a foreign investor, was attracted by the property's stabilized income and the tenants' long term of occupancy, as well as the upswing in Glendale's economy, according to Madison's Lynwood Fields. He and colleagues Bob Safai and Matt Case repped seller Cambra/Angelo Gordon.

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