Shamrock over the past five years has redeveloped the 560,000-sf San Fernando Valley office project, which formerly was an aerospace research center and is 98% leased. Tenants include Boeing, Computer Associates, Countrywide Mortgage, IBM, Pitney Bowes, Software Dynamics and Xerox.
The redevelopment included repairs and renovations required after the Northridge earthquake, notes George J. Buchler, president of Shamrock's real estate division.
The site originally was developed by TRW between 1958 and 1966, when it was acquired by Hughes Aircraft Co., which conducted aerospace research and development at the site until 1994.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
