NEWPORT BEACH, CA—The office sector in the West Covina area of L.A. pulls employees from several different markets including Orange County and the Inland Empire, Stillwater Investment Group‘s president John Drachman tells GlobeSt.com The firm recently teamed up with Greenlaw Parners and CrossHarbor Capital to acquire a class-A office campus in West Covina for $34.9 million, and the joint venture has a capital-improvement plan in mind to add value. We spoke exclusively with Drachman about the firm’s attraction to this submarket as well as its plans for this particular property.
GlobeSt.com: What attracts your firm to the West Covina market?