{"id":1004337695,"date":"2019-07-12T03:31:01","date_gmt":"2019-07-12T11:31:01","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004337695"},"modified":"2021-05-15T04:59:04","modified_gmt":"2021-05-15T12:59:04","slug":"onelegacy-buys-hq-in-eastern-la","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/","title":{"rendered":"OneLegacy Buys LA-Area HQ"},"content":{"rendered":"<div id=\"attachment_1004337698\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004337698\" data-attachment-id=\"1004337698\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/the-atrium-image-courtesy-of-cbre\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png\" data-orig-size=\"608,436\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"The Atrium. Image courtesy of CBRE\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Atrium. Image courtesy of CBRE&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png?w=608\" loading=\"lazy\" class=\"wp-image-1004337698 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png\" alt=\"\" width=\"300\" height=\"215\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png 608w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png?resize=300,215 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004337698\" class=\"wp-caption-text\">The Atrium. <em>Image courtesy of CBRE<\/em><\/p><\/div>\n<p>OneLegacy has acquired The Atrium, a 98,772-square-foot office property in Los Angeles&#8217; San Gabriel Valley for $18.4 million from Proficiency Capital. The new owner plans to move its headquarters into the building.<\/p>\n<p>CBRE\u2019s Vindar Batoosingh represented the buyer in the transaction.&nbsp;The seller had purchased the asset for $5.3 million from weapons manufacturer Northrop Grumman in late 2006, according to Yardi Matrix.<\/p>\n<p>Located on a 4.4-acre parcel at 1303 W. Optical Drive in Azusa, Calif., The Atrium is situated along the southern side of Interstate 210. The building is a short walk from the Irwindale light rail station, which directly connects the area to downtown Los Angeles, approximately 20 miles away. The property is less than 15 miles from Cal Poly Pomona, which <a href=\"https:\/\/www.commercialsearch.com\/news\/energy-smart-student-center-debuts-in-la\/\">unveiled its new sustainable student center<\/a> earlier this year.<\/p>\n<p>The three-story building was completed in 1987, and the previous owner last renovated the property in 2007.&nbsp;OneLegacy&#8217;s long-term plans for the asset include the addition of a recovery center and a conference center. The firm currently operates out of Rising Realty Partners&#8217; The Park DTLA in downtown Los Angeles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The buyer intends to move to the nearly 100,000-square-foot asset from its downtown Los Angeles location, with plans to add a recovery center and conference center.<\/p>\n","protected":false},"author":1274,"featured_media":1004337698,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1594,21742,21747,15],"tags":[36351,32789,35757,46274,46283],"class_list":["post-1004337695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-los-angeles","category-latest","category-office","category-west","tag-capital-improvement","tag-cbre","tag-northrop-grumman-corporation","tag-onelegacy","tag-san-gabriel-valley"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OneLegacy Buys LA-Area HQ - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OneLegacy Buys LA-Area HQ\" \/>\n<meta property=\"og:description\" content=\"The buyer intends to move to the nearly 100,000-square-foot asset from its downtown Los Angeles location, with plans to add a recovery center and conference center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-12T11:31:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T12:59:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png\" \/>\n\t<meta property=\"og:image:width\" content=\"608\" \/>\n\t<meta property=\"og:image:height\" content=\"436\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Timea Matyas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/\",\"name\":\"OneLegacy Buys LA-Area HQ - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png\",\"datePublished\":\"2019-07-12T11:31:01+00:00\",\"dateModified\":\"2021-05-15T12:59:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d364eed718d001d2f28b9e07694ebfc2\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/onelegacy-buys-hq-in-eastern-la\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/07\/The-Atrium.-Image-courtesy-of-CBRE.png\",\"width\":608,\"height\":436,\"caption\":\"The Atrium. 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