Grubb & Ellis Co. represented Greenlaw Partners LLC, a Newport Beach-based private investment group, in the purchase of a 228,506-square-foot office project in Los Angeles.

The transaction was valued at $44.2 million.

The three-building complex, known as Pacific Concourse, was built in 1989 and is located at 5220, 5230 and 5245 Pacific Concourse Drive.

A partnership between Los Angeles-based Pacifica Capital Group and GMAC sold the property, which was 95 percent occupied at the time of sale.

Grubb & Ellis is a global provider of integrated real estate services.


What’s your opinion? Send your Letter to the Editor to

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top