Office Buildings Glendale Ca

The pension fund that invests on behalf of Ohio's public school teachers has formally acquired the 18-story Glendale City Center I office tower and the adjacent site of a planned high-rise for $95.8 million. The price paid by the Ohio State Teachers Retirement System is equal to an aggressive $231 per square foot for the nearly full existing tower and another $7 million for the site of City Center II, which has approvals for up to 380,000 square feet of rentable office and retail space.

Developers of year-old Glendale Plaza moved closer to filling the 24-story high-rise with a lease of two floors to Great-West Life & Annuity Insurance Co. health-care insurance subsidiary One Health Plan. One Health will move its regional administrative and network management operations into about 45,000 square feet of offices in the tower on Central Avenue in Glendale. Some of Great-West's claims-payment and member-service functions will also move to the site.

Old Republic Title Co., one of the largest title insurance companies in Los Angeles, signed a 10-year, $12-million lease to occupy the top two floors of a new nine-story, 200,000-square-foot office building at 450 N. Brand Blvd. in Glendale. Old Republic is slated to move into the building after its scheduled completion date in February, according to Pat Crouch, director of sales for the title company, which has leased 25,000 square feet of office space at 101 E. Glenoaks Blvd.

Old Republic Title Co., one of the largest title insurance companies in Los Angeles, signed a 10-year, $12-million lease to occupy the top two floors of a new nine-story, 200,000-square-foot office building at 450 N. Brand Blvd. in Glendale. Old Republic is slated to move into the building after its scheduled completion date in February, according to Pat Crouch, director of sales for the title company, which has leased 25,000 square feet of office space at 101 E. Glenoaks Blvd.

Developers of year-old Glendale Plaza moved closer to filling the 24-story high-rise with a lease of two floors to Great-West Life & Annuity Insurance Co. health-care insurance subsidiary One Health Plan. One Health will move its regional administrative and network management operations into about 45,000 square feet of offices in the tower on Central Avenue in Glendale. Some of Great-West's claims-payment and member-service functions will also move to the site.

The pension fund that invests on behalf of Ohio's public school teachers has formally acquired the 18-story Glendale City Center I office tower and the adjacent site of a planned high-rise for $95.8 million. The price paid by the Ohio State Teachers Retirement System is equal to an aggressive $231 per square foot for the nearly full existing tower and another $7 million for the site of City Center II, which has approvals for up to 380,000 square feet of rentable office and retail space.