The 5 Priciest Tri-Cities Office Buildings
We already told you about the 5 priciest buildings in DTLA and West LA. This week Bisnow with the help of our pals at Colliers, will break down the most expensive offices in the Tri-Cities market.
$3.67/SF
249k SF
The 15-story Central Park at Toluca Lake is majority owned by M. David Paul & Associates and Worthe Real Estate. The building was constructed in 1985 in the heart of the Media District, a stone's throw from the major studios. It's 94% leased and top tenants include Warner Bros, Cap Gemini America and Talentworks.
$3.65/SF
481k SF
The 14-story Pointe in Burbank was quite the undertaking for Worthe Real Estate Group. Completed in late 2009, the building struggled through the recession, remaining mostly vacant for years. But The Pointe is one of the highest-profile assets in the area, featuring 10-foot floor to ceiling glass for panoramic views of the city and mountains. The building is now more than 93% leased with top tenants including Legendary Pictures, Freemantle Media and KCET.
$3.25/SF
208k SF
The 11-story Century Square in Pasadena was built in 1983 and is owned by PR 155 North Lake LLC. The common area on the ground floor was renovated in 2011 to include Eucalyptus wood paneling throughout the two-story lobby. The building is 92% leased with top tenants including Jacobs Engineering and Regus.
$3.20/SF
151k SF
The 10-story office was constructed in 1986 and is owned by GPI Maple LP. The main lobby was completely renovated in 2005 with granite and marble finishes. The building is about 89% leased with top tenants including Modis, Disney and DVS Intelestream.
$3.05/SF
158k SF
The 9-story Pasadena Financial Center was constructed in 1983 and received a reno in 1996. It's owned by GPI Maple LP. The campus offers panoramic views of the San Gabriel Mountains and Valley, in addition to the LA skyline. The building is about 94% leased with top tenants including Zurich America and Molloy & Salcido.
