New location will serve as the company’s new headquarters
Los Angeles – OneLegacy, a non-profit tissue and organ donor organization, acquired a commercial building in Azusa in Los Angeles County for $18.4 million from Proficiency Capital Corp - Optical LLC.
CBRE’s Vindar Batoosingh represented the buyer.
The 98,772 square-foot property, located at 1303 Optical Drive, features Class A construction, freeway visibility, and a three-story atrium with internal courtyard. The office property is in walking distance to the Irwindale Metro Gold Line Station and is close to Pasadena for executive housing and close to affordable housing communities as well. Caltech, Cal Poly, and Harvey Mudd universities are all within the proximity.
OneLegacy will initially relocate their corporate headquarters from downtown Los Angeles and eventually add a state-of-the-art recovery center. This new property enables OneLegacy to house all corporate functions in one building, while accounting for future growth, plus build equity in a real estate asset.
“This property is creating better opportunities for OneLegacy to reduce their overall costs of occupancy and have better space flexibility as the company grows, said Batoosingh.
He added, “OneLegacy had very specific needs, requiring a facility that could serve as their new corporate headquarters and retain their employees and executives while also accommodating new hires for their operations, including a recovery-training center as well as an educational and conferencing center. This building is in a fantastic location with easy freeway access and free parking. It also has large floor plates to create separations between departments while maintaining personal and collaborative connections within their firm’s operating segments.”
Batoosingh has facilitated several purchase and lease transactions for OneLegacy, which cooperates with 215 hospitals and 11 transplant centers currently in the seven county greater
Los Angeles – OneLegacy, a non-profit tissue and organ donor organization, acquired a commercial building in Azusa in Los Angeles County for $18.4 million from Proficiency Capital Corp - Optical LLC.
CBRE’s Vindar Batoosingh represented the buyer.
The 98,772 square-foot property, located at 1303 Optical Drive, features Class A construction, freeway visibility, and a three-story atrium with internal courtyard. The office property is in walking distance to the Irwindale Metro Gold Line Station and is close to Pasadena for executive housing and close to affordable housing communities as well. Caltech, Cal Poly, and Harvey Mudd universities are all within the proximity.
OneLegacy will initially relocate their corporate headquarters from downtown Los Angeles and eventually add a state-of-the-art recovery center. This new property enables OneLegacy to house all corporate functions in one building, while accounting for future growth, plus build equity in a real estate asset.
“This property is creating better opportunities for OneLegacy to reduce their overall costs of occupancy and have better space flexibility as the company grows, said Batoosingh.
He added, “OneLegacy had very specific needs, requiring a facility that could serve as their new corporate headquarters and retain their employees and executives while also accommodating new hires for their operations, including a recovery-training center as well as an educational and conferencing center. This building is in a fantastic location with easy freeway access and free parking. It also has large floor plates to create separations between departments while maintaining personal and collaborative connections within their firm’s operating segments.”
Batoosingh has facilitated several purchase and lease transactions for OneLegacy, which cooperates with 215 hospitals and 11 transplant centers currently in the seven county greater
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
