The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 20, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Cerritos Office Building is Traded


Plaza Tower, a 191.9k sf, multi-tenant Class A office property in Cerritos, traded hands in a recent transaction. The nine-story property, located at 18000 Studebaker Rd, was purchased by Logos Missions Inc.

Developed in 1986 and renovated in 2015, the elevator-served office building was 84% leased at the time of sale to a diverse mix of tenants including The Oncology Institute of Hope & Innovation, Thermal Engineering, Premier Workspaces and Fremont University.

Plaza Tower is located in the Mid-Counties submarket, situated along the SR-605 Fwy and provides convenient access to major freeways in the region, including I-5, I-405, the 210 Fwy and SR-91.

Kevin Shannon, Paul Jones, Ken White and Brandon White with Newmark represented the undisclosed, institutional seller.

“Plaza Tower is an institutionally owned, Class A tower centrally located between Orange and Los Angeles County that provided an attractive basis and yield,” said Jones. “The building offered the buyer immediate occupancy of the current vacancy, as well as space to meet their future growth plans as existing leases expire.”

Return to the Archive page





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media