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Universal City Office Complex Sells for $18.5 Mil

LOS ANGELES-A partnership of Legacy and ING Realty acquires the 99,213-sf complex, which is fully leased.

By Erin Cassin and David W. Myers | Updated on March 13, 2001

LOS ANGELES-A Universal City office building has been acquired for $18.5 million by a partnership that includes real estate giant Legacy Partners Inc. Legacy, along with ING Realty Partners, bought the 99,214-sf facility from the California Credit Union. The office building stands at 3330 Cahuenga Blvd.

The property is fully leased. Major tenants include the credit union, which will retain its 19,470 sf at the project. Another large tenant is Panasonic, the electronics development division of Matsushita Electric Corp. of America, which occupies 46,112 sf.

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