LaSalle, Pacshore Partners Receives $89.2M in Financing to Acquire LA Creative Office Portfolio

LOS ANGELES — A joint venture between LaSalle Investment Management & Pacshore Partners has received $89.2 million in acquisition financing for a three-building creative office portfolio in West Los Angeles. The portfolio contains a total of 215,261 square feet of Class A office space in Playa Vista and Malibu.

Brad Zampa, Mike Walker and Megan Woodring of CBRE Capital Markets’ Debt & Structured Finance team secured the five-year, non-recourse, floating-rate financing. A life company provided the capital.