Surf City Offices Trade for $124M

Irvine-based Pendulum Property Partners, a real estate investment and development firm that started operations in 2016, has made its largest area purchase to date, buying Huntington Beach’s most prominent office complex.

The privately held company was part of a venture that recently closed on the purchase of One Pacific Plaza, a three-building office complex that runs along the San Diego (405) Freeway next to the Bella Terra shopping center.

Source: Orange County Business Journal

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