pThe 156,696-sf Legacy Oaks Corporate Center stands on a 12.5-acre site at 225 West Hillcrest Dr., just north of the Ventura Freeway. Built in 1983, the five-story building is 97% leased. The facility was renovated in 1998 and now houses fiber-optic communication lines and new common areas.
The South Bay and North LA offices of Grubb & Ellis represented the buyer, Woodland Hills-based Adler Realty Advisors Inc., which acquired the property on behalf of an investment group. The same offices represented the seller, Legacy Partners Commercial in Orange County.
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