February 27, 2001
Frome Investments purchased 16 multi-tenant office and industrial buildings in the Garden Grove Commerce Center in Garden Grove totaling 218,036 square feet for about $14.8 million. The properties comprise three office buildings totaling 28,640 square feet at 7411-7461 Garden Grove Blvd. and 13 industrial and flex buildings at 12755-12891 Western Ave. totaling 189,396 square feet.
March 11, 2000 |
Through one of the biggest office lease transactions in Los Angeles history, Fox Entertainment Group Inc. will stay put at the landmark Fox Plaza in Century City--at least for 15 more years. Media tycoon Rupert Murdoch's Fox team is consolidating various lease arrangements in the building totaling more than 315,000 square feet through a transaction said to be valued at more than $250 million--pretty close to what billionaire investor Marvin Davis paid for the building 28 months ago.