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Swankiest Office Building in San Pedro, Calif., Sells in Off-Market Deal

Building Could Be Partially Converted Into Apartments
The 11-story Topaz tower was about 66% leased at the time of its recent sale, with its largest tenant, Marymount California University, occupying about 17,000 square feet. (CoStar files)
The 11-story Topaz tower was about 66% leased at the time of its recent sale, with its largest tenant, Marymount California University, occupying about 17,000 square feet. (CoStar files)
By Clare Kennedy
CoStar News
October 10, 2019 | 6:26 P.M.

Topaz office tower has sweeping views of the Pacific Ocean, a soaring marbled lobby and, until recently, some bad luck. But the 11-story building has attracted a buyer, which could signal that its fortunes may be changing, along with its city, the small port town of San Pedro, California.

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