Oct
25
BlackRock Sells LA Office
ByEastdil Secured represented the seller of Pacific Corporate Towers, a three-tower office building in El Segundo, Calif., which an institutional investor purchased.
BlackRock Real Assets has sold Pacific Corporate Towers, a 1.6 million-square-foot, Class A, multi-tenant office building and parking structure in El Segundo, Calif., to an institutional investor. Eastdil Secured worked on behalf of the seller in the transaction. Tenants include technology firm Nativo Inc., which relocated its headquarters to Pacific Corporate Towers at the beginning of this year.
Located at 200 N Sepulveda Blvd., between Grand Avenue and El Segundo Boulevard, the asset includes three towers and a 4,900-stall structured parking garage. The buildings feature amenities such as campus-wide Wi-Fi, multiple dining options, creative outdoor work spaces and meeting areas, gym and sports court and conference and lounge rooms…
