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July 17, 2019
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OneLegacy Buys 99k sf Azusa Facility

7/08/19

OneLegacy, a non-profit tissue and organ donor organization, acquired a 98.8k sf commercial building in Azusa for $18.4 mil, or $186/sf. The property was sold by Proficiency Capital Corp - Optical LLC.

The building, located at 1303 Optical Drive, features Class A construction, freeway visibility, and a three-story atrium with internal courtyard. The office property is in walking distance to the Irwindale Metro Gold Line Station and is close to Pasadena for executive housing and close to affordable housing communities as well. Caltech, Cal Poly, and Harvey Mudd universities are all within the proximity.

OneLegacy will initially relocate their corporate headquarters from downtown Los Angeles and eventually add a state-of-the-art recovery center. This new property enables OneLegacy to house all corporate functions in one building, while accounting for future growth, plus build equity in a real estate asset.

CBRE’s Vindar Batoosingh represented OneLegacy in the purchase. Batoosingh has also facilitated several other purchase and lease transactions for OneLegacy, which cooperates with 215 hospitals and 11 transplant centers currently in the seven county greater LA area.

“OneLegacy had very specific needs, requiring a facility that could serve as their new corporate headquarters and retain their employees and executives while also accommodating new hires for their operations, including a recovery-training center as well as an educational and conferencing center,” commented Batoosingh. “This building is in a fantastic location with easy freeway access and free parking. It also has large floor plates to create separations between departments while maintaining personal and collaborative connections within their firm’s operating segments.”





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