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Real Estate/Development

Aug. 11, 2011

Real Estate Deals

A joint venture of Shorenstein Properties and Worthe Real Estate Group bought a 20-acre commercial site in the Los Angeles coastal suburb of Playa Vista for an undisclosed sum.


DEALMAKERS

Joint venture buys 20-acre Playa Vista site


A joint venture of Shorenstein Properties and Worthe Real Estate Group bought a 20-acre commercial site in the Los Angeles coastal suburb of Playa Vista for an undisclosed sum.


The site includes two office buildings totaling 380,000 square feet that were once used as a distribution center for the U.S. Postal Service. The property, which has ocean views, sits near the I-90...

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