Extra Space Storage has closed on a newly converted storage facility in Glendale, CA for $13.8 million. The property was previously the studio of acclaimed movie makeup artist Rick Baker.
Broker Stephen Grossman, of Laguna Beach-based Self Storage Investment Services, confirmed the closing with the SpareFoot Storage Beat on Wednesday.
Grossman represented the developer, Morelli Brothers Enterprises, when they purchased the property from Rick Baker’s company last January. Morelli Brothers purchased the property for $7.4 million.
Baker was behind some of cinema’s most memorable creatures, including those seen in: Hellboy, Gremlins, Men in Black, An American Werewolf in London, and The Ring.
Grossman told the Storage Beat that Extra Space is expected to open the 70,000-square-foot facility this week, which has been built to offer about 700 units.
The property is located at 6527 San Fernando Road.