December 5, 2016 Comments Off on Howard Hughes Center Upgrades Planned Following $583M Acquisition Views: 256 California, California News, Los Angeles, West

Howard Hughes Center Upgrades Planned Following $583M Acquisition

Chicago-based Equity Office announced plans to renovate Howard Hughes Center, a 1.3-million-square-foot office center in Westchester, CA. The Blackstone Group acquired the property for $583 million from Hines REIT Inc. as part of a larger $1.16-billion deal involving 20 properties in California and Washington.

Blackstone-owned Equity Office plans to transform the project into a creative, connected campus. Significant upgrades include the additions of:

  • Best-in-class amenities
  • Innovative, active spaces
  • A new pedestrian connectivity to unify the five-building project
  • Enhanced, flexible outdoor entertainment areas
  • Drought-tolerant landscaping
  • Upgraded ‘wired’ lobbies
  • Contemporary spec suites
  • Customizable floor plans

Equity Office’s Brendan McCracken says, “Equity Office is pleased to announce plans to renovate the Howard Hughes Center, which will result in a new campus for its current tenants and those who will join in the future.”

Read more at Los Angeles Business Journal

Connect With Equity Office’s McCracken

For comments, questions or concerns, please contact Dennis Kaiser

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