Hello, readers! Welcome back to Business Briefcase! I hope you all had a wonderful Labor Day weekend. This week, we resume the column with a fairly new restaurant, a net-leased property sale and then a ribbon-tying event for a local organization’s visibility. But enough of the rambling; you’ll hear about that in a moment. Here’s the news!
First, have you checked out Casa del Taco yet? Well, it opened this summer! Located at 4938 W. Glendale Avenue, a bit east of 51st Avenue, Casa del Taco offers Mexican specialty dishes like two chiles rellenos (served with rice, beans and tortillas) or three cheesy enchiladas (also served with rice and beans), among others.
Family meals, gorditas and empandas are also available, as are classics like burritos and tacos. And for appetizers, customers can choose between selections like chips and guacamole, bone-in chicken wings, asada fries or nachos, and more.
Prices are reasonable, too, with tacos starting at $1.99, burritos starting at $5.99, and specialty dishes ranging from $9.99 to $13.99. Other items fall within that spectrum (with the exception of larger family meals). For more information, find it on Facebook @casadeltacoaz.
Moving along, FM NPL Glendale LLC of Delaware purchased a 52,330-square-foot net-leased office/industrial property near Northview Avenue and Glen Harbor Boulevard from NPL Construction Co. for $9 million.
Marcus & Millichap announced the sale. Its Phoenix investment specialist Jay Krew and West Los Angeles investment specialist Marty Cohan procured the buyer. Gregg Fox of Marc Realty assisted.
“Through internal relationships, we procured a buyer with detailed acquisition criteria to achieve their objectives,” Krew explained.
“By consistently tracking the market, we successfully identified multiple opportunities for our client to consider. The subject property provides a long-term sale-leaseback opportunity that satisfied the buyer’s needs of a stable and predictable stream of income. As a leader in energy, infrastructure and pipeline construction, NPL will benefit from the subject property’s strategic location as the Valley expands further west.”
On the seller’s side was Dan Dowd of Newmark Knight Frank. Frank Mandel of the New York-based Mandel Management Company will handle asset management.
The property that sold is located at 7326 N. Glen Harbor Boulevard, within the Glen Harbor Airpark.
Finally, the Glendale West Rotary Club will hold an open house and ribbon-tying from 5 to 7 p.m. Wednesday, September 25. The Rotary is looking to increase its visibility in the community. The ribbon-tying portion is set for the first hour, followed by a short break and then a short club meeting about Glendale Community College. Light refreshments will be available. The event will be held at Dave and Buster’s, 9460 W. Hanna Drive, Glendale, in the Westgate Entertainment District. For more information, contact Angel Aguirre at 602-292-0397 or firstname.lastname@example.org or visit https://bit.ly/32dHzfR.
That’s all the briefs for this week! Thanks for reading!