LOS ANGELES — TC Bixel LLC has purchased a two-building office portfolio totaling approximately 98,000 square feet for $18.5 million. Located in Los Angeles, the portfolio consists of a 37,881-square-foot building located at 1111 W. 6th St. and a 59,997-square-foot property located at 1125 W. 6th St. Additionally, the transaction included a two-story parking structure, which is located at 1330 W. 5th St. The buildings feature renovated lobbies, renovated exteriors and new landscaping. Adam Tescher of CB Richard Ellis represented the buyer; Kevin Tamura of DAUM Commercial Real Estate Services, along with James Tagliere of Excel Real Estate Management Consultants Corp., represented the seller, Sixth Street Capital Investors, in the transaction.
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