Government Agency Relocating D.C. Offices, Taking Less Space
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400,000-SF Industrial Project Planned for Silver Spring, Md.
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Crain's Chicago Business Slate Office REIT has agreed to pay $19.8 million, or $100.24/unit, for the 197,527-square-foot office property at 275 North Field Drive in Lake Forest, Ill. The Toronto REIT is buying the property from Pfizer, which has a ...
The five-story property, which is 76 percent leased, was built in 2000 on a 24.38-acre site about 45 miles southeast of Los Angeles. It is LEED Silver-certified and includes a fitness center, outdoor lounge areas and ample parking.
Commercial Observer Prologis Inc. has paid $96 million, or $297.89/sf, for Pacific Vista, a 322,262-square-foot office property in Lake Forest, Calif. The San Francisco REIT purchased the property from Drawbridge Realty, which had acquired it in 2017 for $76.2 million. ...
90 percent leased.
Solo Cup Co., which uses the property as its headquarters, occupies 83 percent of it. The remainder is leased by ICON Clinical Research, a unit of ICON PLC of Dublin, Ireland.
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