Lakes at West Covina

Office | Los Angeles, CA

Lakes at West Covina is a two-building office complex located in lively West Covina, an eastern suburban city of Los Angeles

Investment Details

Property Type
Office
Location(s)
Los Angeles, CA
Net Internal Area
177,000 sq. ft.
Number of Floors
4

Transaction Details

Acquired
2020
Purchase Price
$41 million
Ownership %
95%

Investment Details

Property Type
Office
Location(s)
Los Angeles, CA
Net Internal Area
177,000 sq. ft.
Number of Floors
4

Transaction Details

Acquired
2020
Purchase Price
$41 million
Ownership %
95%

Lakes at West Covina is a two-building office complex located in lively West Covina, an eastern suburban city of Los Angeles

Asset Highlights

Keys
Healthy lease maturity profile with no single tenant comprising more than 13% of the building’s office space.
Real Estate
The property has been institutionally maintained and upgraded since it was originally constructed in 1990, distinguishing it from its direct competitive set and other nearby office offerings.
Offices
Lakes at West Covina consists of 177,000 sq. ft. of renovated office suites on more than two acres.

Location Highlights

Jobs
Consistent high demand for office space due to robust LA economy
hiker
Near a variety of parks, hiking trails, museums and retail and dining spots
Highway
Proximity to San Bernardino Freeway
Hollywood
30-minute drive to downtown Los Angeles
tree
45-minute drive to West Hollywood / Beverly Hills
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Lakes at West Covina