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Home Commercial Pustilnikov, Partners Acquire PacMutual’s 460,000 SQFT Downtown LA Office Campus for $48.5MM
CommercialFinanceIndustry NewsLos AngelesResidential

Pustilnikov, Partners Acquire PacMutual’s 460,000 SQFT Downtown LA Office Campus for $48.5MM

October 8, 20253 Mins read691
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Downtown Los Angeles Arts District
Image by Salvador Avila on iStock
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A trio of investors, including housing provocateur Leo Pustilnikov, just paid $48.5 million for a historic office campus that sold for $200 million a decade ago—the latest sign that Downtown's office crisis has reached a breaking point The numbers tell a brutal story about Downtown Los Angeles' commercial real estate meltdown: A historic office complex […]

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