Dec
28
Japanese Owner Emerges for Google-Anchored Hercules Campus in LA
ByThe tech giant plans to break ground on an adaptive reuse project.
Rendering of Hercules Campus West
Los Angeles—The four-building office campus in Los Angeles that includes the hangars where Howard Hughes once built the 200-ton Hercules H-4 plane, popularly known as the Flying Boat or the “Spruce Goose”, is off the market.
HFF recently announced that the Hercules Campus West in Playa Vista, Calif., was sold to a Japanese corporate investor. Though financial terms of the transaction remained undisclosed, The Real Deal estimates that the sellers—the Ratkovich Co. and Penwood Real Estate Investment Management—sold the roughly 358,000-square-foot property for approximately $320 million…
Japanese Owner Emerges for Google-Anchored Hercules Campus in LA
