Pacific Financial Acquires Towers From Prudential
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In one of the largest recent realty transactions in the Southland, Pacific Financial Group of Beverly Hills has purchased three office buildings on Sepulveda Boulevard in El Segundo for $270 million.
The firm purchased Pacific Corporate Towers, formerly Prudential Airport Towers, from the Prudential Insurance Co. of America. The 12-acre project at 100/200/222 N. Sepulveda Blvd., near Los Angeles International Airport, has more than 1.5 million square feet of rentable space.
The seller was represented by Eastdil Realty Inc. Secondary financing was provided through the Boston Company Real Estate Counsel Inc.
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