Portfolio
Real Estate
898 Pacific Coast Highway
Transaction Overview
898 Pacific Coast Highway includes a 91,925 square Class “A” office building and an 844-stall structured parking garage located in the robust Southern California submarket of El Segundo. The asset’s close proximity to the Los Angeles International Airport continues to drive demand for airport parking in the structured parking garage. Property upgrades are underway including a lobby renovation, parking garage improvements, and other cosmetic upgrades. The building was sourced on an off-market basis and currently serves as the corporate headquarters for SRC.
Key Stats
Location
Los Angeles, CA
Submarket
El Segundo, CA
Square Footage
91,000 SF
Property Type
Office
Investment Profile
Value-Add
Acquired
Q4 2017
Status
Active investment; repositioning underway