{"id":1004466640,"date":"2020-07-24T10:58:48","date_gmt":"2020-07-24T18:58:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004466640"},"modified":"2021-05-15T08:57:03","modified_gmt":"2021-05-15T16:57:03","slug":"los-angeles-industrial-office-complex-trades-for-38m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/","title":{"rendered":"Captiva Partners JV Buys Los Angeles Asset for $38M"},"content":{"rendered":"
\"\"<\/a>

4561 Colorado Blvd. Image courtesy of CBRE<\/em><\/p><\/div>\n

A partnership between Captiva Partners, Avalon Investment Co. and a private investor has acquired a 189,000-square-foot creative office and industrial campus in Los Angeles. Public records show that Western Studio Services\u2014which previously also occupied the space\u2014 sold the property for $38 million.  <\/p>\n

Located at 4561 Colorado Blvd., the asset is less than 2 miles from Interstate 5 and close to a dense residential area. Additionally, the facility is about 2 miles from Disney\u2019s Grand Central campus and Dreamworks\u2019 headquarters, 4 miles from Burbank, Calif., and roughly 7 miles from Hollywood, Calif.<\/p>\n

The asset comprises two buildings completed in phases on a 7.3-acre site in 1964 and 2006. The 1460,000-square-foot front building includes a mid-century modern design with two-storied offices, a third-level upper deck and a community room. The smaller building, comprising 43,000 square feet, features an open, clear-span footprint with high ceiling clearance.  <\/p>\n

Senior Vice Presidents Matt Dierckman, David Harding and Greg Geraci, together with Vice President Billy Walk from CBRE worked on behalf of the buyer. The team recently closed two industrial leases<\/a> totaling 72,537 square feet at a San Fernando, Calif., property.  <\/p>\n","protected":false},"excerpt":{"rendered":"

The company has teamed up with Avalon Investment Co. and a private investor to acquire the creative office and industrial property. <\/p>\n","protected":false},"author":748,"featured_media":1004466652,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1594,21752,21742,15],"tags":[32789],"class_list":["post-1004466640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-los-angeles","category-mixed-use","category-latest","category-west","tag-cbre"],"acf":[],"yoast_head":"\nCaptiva Partners JV Buys Los Angeles Asset for $38M - 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\/los-angeles-industrial-office-complex-trades-for-38m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Captiva Partners JV Buys Los Angeles Asset for $38M\" \/>\n<meta property=\"og:description\" content=\"The company has teamed up with Avalon Investment Co. and a private investor to acquire the creative office and industrial property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/\" \/>\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=\"2020-07-24T18:58:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T16:57:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/4561-Colorado-Blvd-e1595603894908.png\" \/>\n\t<meta property=\"og:image:width\" content=\"2318\" \/>\n\t<meta property=\"og:image:height\" content=\"1736\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\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\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/\"},\"author\":{\"name\":\"Lucia Morosanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"headline\":\"Captiva Partners JV Buys Los Angeles Asset for $38M\",\"datePublished\":\"2020-07-24T18:58:48+00:00\",\"dateModified\":\"2021-05-15T16:57:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/\"},\"wordCount\":200,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/07\\\/4561-Colorado-Blvd-e1595603894908.png\",\"keywords\":[\"CBRE\"],\"articleSection\":[\"Deals\",\"Investment\",\"Los Angeles\",\"Mixed Use\",\"News\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/\",\"name\":\"Captiva Partners JV Buys Los Angeles Asset for $38M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/07\\\/4561-Colorado-Blvd-e1595603894908.png\",\"datePublished\":\"2020-07-24T18:58:48+00:00\",\"dateModified\":\"2021-05-15T16:57:03+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/07\\\/4561-Colorado-Blvd-e1595603894908.png\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/07\\\/4561-Colorado-Blvd-e1595603894908.png\",\"width\":2318,\"height\":1736,\"caption\":\"4561 Colorado Blvd. Image courtesy of CBRE\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/los-angeles-industrial-office-complex-trades-for-38m\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Captiva Partners JV Buys Los Angeles Asset for $38M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1077c2cf363c47bc75d1ab4c42b53bb5\",\"name\":\"Lucia Morosanu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Lucia-Morosanu.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Lucia-Morosanu.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Lucia-Morosanu.jpg?w=96\",\"caption\":\"Lucia Morosanu\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/luciamorosanu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Captiva Partners JV Buys Los Angeles Asset for $38M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/","og_locale":"en_US","og_type":"article","og_title":"Captiva Partners JV Buys Los Angeles Asset for $38M","og_description":"The company has teamed up with Avalon Investment Co. and a private investor to acquire the creative office and industrial property.","og_url":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-07-24T18:58:48+00:00","article_modified_time":"2021-05-15T16:57:03+00:00","og_image":[{"width":2318,"height":1736,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/4561-Colorado-Blvd-e1595603894908.png","type":"image\/png"}],"author":"Lucia Morosanu","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/"},"author":{"name":"Lucia Morosanu","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5"},"headline":"Captiva Partners JV Buys Los Angeles Asset for $38M","datePublished":"2020-07-24T18:58:48+00:00","dateModified":"2021-05-15T16:57:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/"},"wordCount":200,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/4561-Colorado-Blvd-e1595603894908.png","keywords":["CBRE"],"articleSection":["Deals","Investment","Los Angeles","Mixed Use","News","West"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/","url":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/","name":"Captiva Partners JV Buys Los Angeles Asset for $38M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/4561-Colorado-Blvd-e1595603894908.png","datePublished":"2020-07-24T18:58:48+00:00","dateModified":"2021-05-15T16:57:03+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/4561-Colorado-Blvd-e1595603894908.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/4561-Colorado-Blvd-e1595603894908.png","width":2318,"height":1736,"caption":"4561 Colorado Blvd. Image courtesy of CBRE"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/los-angeles-industrial-office-complex-trades-for-38m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Captiva Partners JV Buys Los Angeles Asset for $38M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5","name":"Lucia Morosanu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Lucia-Morosanu.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Lucia-Morosanu.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Lucia-Morosanu.jpg?w=96","caption":"Lucia Morosanu"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/luciamorosanu\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/07\/4561-Colorado-Blvd-e1595603894908.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004466640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/748"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004466640"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004466640\/revisions"}],"predecessor-version":[{"id":1004534026,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004466640\/revisions\/1004534026"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004466652"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004466640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004466640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004466640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}