The eight-story building will be the sixth by the Torrance-based firm at the Cerritos Towne Center, which combines offices, shopping and a Sheraton hotel. The five existing buildings total 462,000 sf.
The building should be completed by next autumn, says Alan J. Pyenson, Transpacific's project manager.
Leasing brokers Rick Warner and Mark Friend of the Anaheim office of CB Richard Ellis say the office vacancy rate in Cerritos—under 7%--shows a demand for more office space.
Archisystems International of Santa Monica is the architect. The contractor is Los Alamitos-based Millie & Severson.
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