5241 Craner Avenue
North Hollywood, CA 91601
The Hirth Group is pleased to announce another successful closing! 5241 Craner Avenue is located in the highly coveted submarket of North Hollywood in the San Fernando Valley! Ethan Donel, Alex Reyhan & Daniel Hirth represented the buyer in this transaction. Through our experience and dominance in the North Hollywood submarket we were able to locate and secure the deal for our buyer while competing with multiple buyers. Once the property came to market The Hirth Group knew the perfect buyer - The team worked in tandem with our buyer who owns a plethora of industrial assets in the immediate area to ensure a smooth transaction amidst the Covid-19 pandemic. The asset consisted of phenomenal warehouse space benefiting from the high ceilings, dual grade level doors, and a gated parking lot. Ultimately, we secured the deal for our investor at an all cash closing with a twenty-one-day due diligence period at a forty-day close including a seller lease back for sixty days.