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LOS ANGELES COUNTY NEWS
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Office Depot in La Crescenta Sold in $8.5 Mil Transaction

6/18/18

A 26k sf Office Depot in La Crescenta sold for $8.5 mil, or $327/sf in an off-market deal. The property is located at 3030 Foothill Blvd, north of the 210 Fwy and east of Pennsylvania Ave.

The freestanding, single-tenant retail building was constructed in 1999. It sits on a 42.2k sf lot, in a central location, with excellent street visibility along Foothill Blvd and access to the 210 Fwy. At the time of the sale the property was 100% leased to Office Depot Inc, a global supplier of office products and services headquartered in Boca Raton, Florida.

Dave Maron with NAI Capital’s Pasadena office represented the seller, a private investor, in the sale. Maron also represented the seller when they bought this property at the time it was built in 1999.





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