Commercial Properties Sold/Leased

COMMERCIAL PROPERTY in GLENDALE/MONTROSE
Sold: $1,350,000
Sold by: Ara Karapetian
BG’s Big Box Service
Leased by: Christine Arcaris, Ara Karapetian
Foothill Commercial Building
Sold by: Ara Karapetian
Multifamily Property in Burbank
Sold: $900,000
Sold by: Jack Aroyan
Multifamily in Glendale
Sold: $1,500,000
Sold by: Jack Aroyan
10 Unit Apartment Building
Sold: $1,922,000

Large one bed/one bath units with below market rents and tremendous upside potential. Near Leimert Park, Los Angeles, and close to Kaiser Hospital and the Baldwin Hills redevelopment sites.

Sold by: Ara Karapetian
Large Commercial/Industrial
Sold: $1,800,000

Large Commercial/Industrial property on a very large two parcel Industrial/Commercial property on Foothill Blvd.

Combined approx. 28,000 SF lot with approx. 8,000 SF of improvement. Rear building has multiple Auto bays including a spry booth, Front property has an approx. 2,200 SF of improvement that may be used for multiple business uses. All current tenants are on month to month rental term. Corner to corner from Elmo Street to Mountair Ave.

Sold by: Ara Karapetian
Small Commercial Building, Altadena
Sold: $500,000
Sold by: Ara Karapetian
Freestanding commercial building on Lincoln Ave. Subject is approx. 1,600 SF on a small 2,052 SF lot, close to all, ideal for an owner user, maybe used for number of businesses.

Lincoln Ave. off 210 FWY.
Commercial Properties Sold/Leased

Starbuck’s Coffee

AK & Associates, Inc. successfully negotiated a long term Lease with Starbuck’s coffee company representing the landlord “Meyer Pacific, LLC.”

Verizon Wireless

Ak & Associates, Inc. were exclusively retained by the landlord to negotiate a long term lease with Verizon Wireless.

Allstate Insurance

Allstate Insurance relocated to Montrose, Ca. AK & Associates, Inc. represented the Landlord and the tenant in this transaction.

Skyline Mortgage

AK & Associates, Inc. were retained by the landlord and the tenant to finalize details of a mid term lease for Skyline Mortgage Company.

Sark Awnings

AK & Associates, Inc. successfully relocated Sark Awning from a 5,000 SF facility in Glendale to a new 18,000 SF state of the art warehouse in the City of Arleta. Sark Awning expanded their business after this successful relocation.

Subway Sandwiches

AK & Associates, Inc. relocated an existing Subway increasing revenue and decreasing rental rate.

Big Mama’s & Papa’s Pizzeria

AK & Associates, Inc. helped relocate Big Mama’s & Papa’s Pizzeria to it’s new location on Honolulu Avenue incresing foot traffic and revenue.

Southland Civil Engineering

AK & Associates, Inc. successfully negotiated a long term lease for Southland Civil Engineering and Surveyers to relocate to a 5,000 SF location in the heart of Pasadena.

Abkarian and Associates Law

AK & Associates, Inc. successfully negotiated a long term lease representing the Landlord and also the Tenant in relocating the expanding Law firm of Abkarian and Associates to North Glendale.

M-3 Fighting and Martial Arts

AK & Associates, Inc. negotiated a Long term lease for M-3 Fighting and Martial Arts representing both Landlord and the Tenant.

Malekian and Associates

AK & Associates, Inc. were exclusively retained by the landlord to identify an ideal tenant for it’s Honolulu office space, Malekian + Associates took over a long term lease and transformed the space into a modern state of the art Architects office.

Tyler Physical Therapy

AK & Associates, Inc. successfully consummated a deal with a local businesswomman helping her open a dream Physical Therapy practice.

Froyo Frozen Yogurt

AK & Associates, Inc. successfully consummated a long term lease and transformed a very dull Honolulu and Oceanview corner into a very lively corner by introducing Froyo Yogurt to Montrose Shopping Park.

Gio’s Cafe and Bakery

AK & Associates, Inc. successfully consummated a long term lease allowing the Tenant to use his traveling experience and transform an old Retail space to a new modern European style cafe.

Shops at Topaz

Sold: $9,300,000.00

Shopping Center, anchored by 99c Only Stores, with strong tenant mix of credit tenants including Little Caesars Pizza, Cash Advanced America, Mirus Schools


Sold By: Ara Karapetian, CCIM, CPM

The Shops at Sierra Lakes

Sold: $5,175,000.00

Multi tenant shopping center with anchored tenants.


Sold By: Ara Karapetian, CCIM, CPM

Unique Corner Lot

Sold: $265,000

Large lot on a busy intersection, at the corner of Route 86/S. Brawley Ave, K Street and 1st Street. Excellent location, visible eyebrow signage and easily accessible with multiple driveways. Great opportunity to return lot to a service station with an added car wash, or re-purpose for a drive-thru retail, restaurant or business.


Sold by: Christine Arcaris

Huntington Beach Shopping Center

Sold: $4,500,000.00

Multi tenant shopping center with anchored tenants. Sold to investment entity.


Sold By: Ara Karapetian, CCIM, CPM

Freestanding Commercial Property

Sold: $300,000

Great location, excellent value add property, current lease is under market rate. Same tenant for over 15 years. Great income or future development site.


Sold by: Christine Arcaris

Verdugo Optical

Sold

Optical business located at the base of USC Verdugo Hills Hospital. An extensive inventory of glasses and customer-friendly environment. Repeat clients and large volume.


Sold by: Ara Karapetian / Christine Arcaris


Sold by: Christine Arcaris

Industrial Property

Sold: $2,450,000.00

Great Culver City location, industrial land, sold to existing tenant. the property is currently being used as a Tow Truck hub.


Sold By: Ara Karapetian, CCIM, CPM

Retail/Industrial Portfolio in Sunland, CA

Sold $1,650,000.00

Great Culver City location, industrial land, sold to existing tenant. the property is currently being used as a Tow Truck hub.


Sold By: Ara Karapetian, CCIM, CPM

RRare La Canada Commercial

Sold: $1,500,000.00

Rare La Canada commercial property, AK & Associates, Inc. were exclusively retained by the seller to market this property. AK & Associates, Inc. represented seller and the buyer in this transaction.


Sold By: Ara Karapetian, CCIM, CPMetail/Industrial Portfolio in Sunland, CA

Sold $1,650,000.00

Great Culver City location, industrial land, sold to existing tenant. the property is currently being used as a Tow Truck hub.


Sold By: Ara Karapetian, CCIM, CPM

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