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Home Commercial Pendulum & Landrock Acquire 505 North Brand in Glendale for $56MM in Discounted Deal
CommercialFinanceIndustry NewsLos Angeles

Pendulum & Landrock Acquire 505 North Brand in Glendale for $56MM in Discounted Deal

February 12, 20252 Mins read1.3k
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Glendale, California
Photo by Mathew Parsanian via Unsplash
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In a significant Southern California real estate transaction, Pendulum Property Partners and Chicago-based Landrock have purchased the 15-story office building at 505 North Brand Boulevard in Glendale, California, for $56 million. This acquisition, which translates to approximately $170 per square foot, represents a notable discount compared to the property’s previous sale price. The sellers, a […]

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