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Thursday, Apr 18, 2024

Glendale’s Onyx Complex Sells for $86 Million

An undisclosed institutional buyer has acquired the Onyx, a mixed-use property in Glendale, for $86.2 million. Burbank-based Chandler Pratt & Partners sold the 183-apartment unit Onyx in Glendale’s central business district, according to a report on Bisnow. Eastdil Secured represented both the seller and the undisclosed buyer. Located mere blocks away from the Americana at Brand and the Glendale Galleria retail destinations at 301 N. Central Ave., the Onyx features studio, one-, two- and three-bedroom apartments, as well as a few townhomes. The six-story building sits on a 33,200-square-foot lot and includes 4,400 square feet of ground-floor retail.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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