November 17, 2024 3:42 am
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Glendale to vote on sales of Bank of America office building and Glen Lakes Golf Course

Photo by Darrell Jackson/ Glendale Star

By Mike Sunnucks | Rose Law Group Reporter

The city of Glendale is looking to finalize sales of a downtown city owned office building as well as the Glen Lakes Golf Course.

The Glendale City Council will consider both sales at its meetings today.

Plans call for the city to sell the Bank of America Plaza building at 5800 West Glenn Avenue in downtown Glendale to Keech Properties LLC for $4.67 million.

The city bought the same 58,134-square-foot office building in 2000 for $5.3 million.

Glendale is also looking to finalize a deal to sell the closed down Glen Lakes Golf Course to Towne Development Inc. for $6.5 million. The golf course sits on 42.84 acres at 55th Avenue and Northern Avenue.

Plans call for a residential development to take the place of the golf course. The city has owned the golf course since 1979.

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.