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Opus West Sells Corporate Center for $25 Mil

EL SEGUNDO, CA-Opus West Corp., a full-service real estate company based in Phoenix with Southern California offices in Irvine and Los Angeles, has sold Grand Avenue Corporate Center to Infonet for $25 million. The development, a class A, four-story, 126,000-sf mid-rise office building, is located at Grand Avenue and Nash here.

By Peter Landau | Updated on January 23, 2002

EL SEGUNDO, CA-Opus West Corp. has sold Grand Avenue Corporate Center to Infonet for $25 million. The development, a class-A, four-story, 126,000-sf mid-rise office building, is located at Grand Avenue and Nash here.

For Infonet, a company providing global communications services to multinational enterprises, the move represents an expansion of its western regional offices in the United States.

Infonet’s decision to purchase Grand Avenue Corporate Center demonstrates both the continued demand for high quality office space in West Los Angeles and Infonet’s commitment to the marketplace, according to Paul Marshall, senior vice president of real estate development for Opus West.

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