Commercial Scene : El Monte Business Park Bought by Labor Group
- Share via
The Construction Laborer’s Pension Trust for Southern California has purchased the two-building Airport Business Park, on Santa Anita Avenue in El Monte, for $7 million, according to Grubb & Ellis.
The labor group plans to use the entire business park, completed a year ago by the Rodine Cos. of Monrovia, for its headquarters, now on Wilshire Boulevard in downtown Los Angeles. The move is scheduled for the third quarter of this year.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.