Home Commercial Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut
CommercialFinanceIndustry NewsLos Angeles

Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut

Share
901 Corporate Center Dr, Monterey Park, CA 91754
Google Maps
Share

Focus Universal lands the Class A asset at roughly $177 per square foot, well below the $21.8MM asking price set in 2024, in a deal that resets pricing for sub-DTLA office. A Thomson Reuters-affiliated ownership group has closed the book on 901 Corporate Center, offloading the 99,831-square-foot Class A office building in Monterey Park for […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Featured Content


Recent Posts

Related Articles

Wagbar Revives West Harbor’s Dog Park Plan With 21,000 SQFT Lease, Leading 3 New San Pedro Deals

Franchised off-leash dog bar Wagbar has committed to more than 21,000 square...

From Plaza West Covina to Santana Row, Landlords Turn Instagram Into a Placemaking and Leasing Tool

Pacific Retail Capital Partners, operator of Plaza West Covina, is among four...

Buro Happold Takes Full 14,000 SQFT Floor at Silverstein’s U.S. Bank Tower in Downtown Los Angeles

Buro Happold, the British engineering consultancy behind the structures and systems of...

SoCal’s Emptiest Warehouse Markets: Beaumont/Hemet Hits 30% Vacancy as Amazon Doubles Down on the High Desert

Southern California's highest-vacancy industrial submarkets, most of them on the region's outer...