West Campus
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West Campus
3 Office Properties in Long Beach, CA
Investment Highlights
- Stabilized asset at an attractive basis and bolstered by assumable long term fixed debt
- ±3 acre site enabling long term business plan optionality and covered land play
- Ample surface parking offering above market parking ratios
- Historically occupied above 90% and home to strong subset of tenants in the consultancy, medical, and legal industries
- Discount to replacement cost and beneficial supply dynamics with multiple office properties being converted to alternative uses
- Appealing local demographics in the Bixby Knolls neighborbood and a strong recruiting radius ranging from Los Angeles to Orange County
Executive Summary
JLL, as exclusive advisor, presents the opportunity to acquire the 100% fee simple interest in the West Campus, a three building, 60,255 square foot office campus in the well amenitized Bixby Knolls neighborhood of Long Beach, CA. Located at 3747-3777 Long Beach Boulevard (the “Properties” or “West Campus”), the 97% leased property features a diverse and stable rent roll with ample surface parking on ±3 acres. The Property is host to a number of long-tenured tenants in stable industries ranging from medical to law to financial services.
Property Facts
| Sale Type | Investment or Owner User | Individually For Sale | 0 |
| Status | Active | Total Building Size | 61,505 SF |
| Number of Properties | 3 | Total Land Area | 1.83 AC |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 61,505 SF |
| Total Land Area | 1.83 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3745 Long Beach Blvd, Long Beach, CA 90807 | Office | 10,316 SF | 1958 | - |
| 3747 Long Beach Blvd, Long Beach, CA 90807 | Office | 7,776 SF | 1958 | - |
|
Bixby Knoll Metro Center
3777 Long Beach Blvd, Long Beach, CA 90807 |
Office | 43,413 SF | 1959 | - |
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