Breaking will be offline for scheduled maintenance Saturday July 24 5 AM US EST to 8:30 AM EST. We apologize for the inconvenience.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES, CA-A 70,000-sf parcel in Van Nuys has been sold to an Orange County-based trust.

The buyer has paid $2.2 million for the property. A Pep Boys auto repair complex sits on the parcel, which is located at 6110 Sepulveda. Pep Boys, a retail and service chain, will continue to own the building and pay rent for use of the grounds.

Philadelphia-based Pep Boys operates more than 620 stores in 36 states and Puerto Rico. The company has more than 23,000 employees. Established in 1921, its shares are publicly traded on the New York Stock Exchange. Total revenue for fiscal year 2000 was in excess of $2.4 billion.

The buyer was Lee Trust and the seller was Seattle, WA-based Costco Corp. Donald Emas and Kevin Boeve of Marcus & Millichap’s Ontario office represented the principals.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.