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Five-Building Office Park Changes Hands

COMMERCE, CA-GlobeSt.com learns from an unidentified source that the 285,368-square-foot Commerce Office Park changed hands for approximately $40 million.

By Natalie Dolce | Updated on January 27, 2012

COMMERCE, CA-Thompson National Properties has sold Commerce Office Park, a 285,368-square-foot institutional quality office campus located at 4900, 5500, 5700 and 5770 South Eastern Ave., and 5801 E. Slauson Ave. here. The class A, five-building office property is situated on six separate parcels in the Los Angeles Basin.

Dan Vittone, senior vice president, and Alan Pekarcik, executive vice president, in Voit Real Estate Services’ Irvine office represented the seller on behalf of the tenant-in-common owners of record, and the buyer, Omninet Commerce LP. Kevin Shannon, Scott Schumacher and Ken White of CBRE and Tom Sheets of Cushman & Wakefield also represented the seller.

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