Legacy goes ‘green’ with Symantec office buy

A LEED-certified office building in Southern California has been added to Legacy’s office portfolio.

Scant days after acquiring the two-building Hamilton Plaza office complex in Campbell, California, Legacy Partners has acquired a 239,274-square-foot office building from technology company Symantec Corp. for $99 million (€65 million), according to a press report.

Sitting atop Fox Hills in Culver City, the property is one of two four-story buildings that make up the 550,000-square-foot Symantec Southern California regional campus. The building is Leadership in Energy and Environmental Design (LEED) certified by the US Green Building Council. It is also located adjacent to the Fox Hills Transit Center.

This is the second buy in California for Legacy Partners this week. The Foster City, California-based property investor acquired the Hamilton Plaza office complex earlier this week for $126 million from California-based Seagate Properties, which sold the property on behalf of the Ohio State Teachers Retirement System.

The Symantec deal was brokered by Cushman & Wakefield, who will also lease the property.