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Another LA Office Complex Changes Hands

LOS ANGELES-The 118,762-sf facility is the third office property to be sold in the county in the past week. Together, the three transactions total more than $55 million in sales activity.

By Erin Cassin | Updated on August 02, 2001

LOS ANGELES-A Palos Verdes-based private investor has paid $11.8 million for an office complex in Los Angeles. It is the most recent in a series of office sales that has occurred in the county over the past week.

The complex, which encompasses 118,762 sf, consists of two buildings. Known as Harbor Business Center, it stands at 19700-19750 S. Vermont Ave. The property was 81% leased at the time of sale.

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