Author: jestineostrander

GSA Inks $80 Million in Lease Renewals at Class A Long Beach Office Tower

Owned and operated by Parallel Capital Partners, a commercial real estate investment and operating company, the 20-story Shoreline Square encompasses 410,114 square feet of premier office space. According to Matt Root, CEO of Parallel Capital Partners, Shoreline Square is currently 87% percent leased, an impressive figure considering pandemic related challenges. “This is a highly desirable property ideally located near the ports of Long Beach and Los Angeles – in a dynamic and diversified waterfront urban locale – and is also LEED-Gold certified, with a 91 Energy Star score, the equivalent of using 42% less energy than the national median average ... Read more