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Offices Near Long Beach Airport Land Price 40% Higher Than in 2019

Fully Leased Southern California Property Sells for $29 Million

The roughly 126,000-square-foot Airport Plaza office property in Long Beach, California, was sold. (CoStar)
The roughly 126,000-square-foot Airport Plaza office property in Long Beach, California, was sold. (CoStar)

A pair of office buildings near the airport in Long Beach, California, was sold for more than 40% above what the seller paid for them in 2019, despite rising interest rates and weakening office space demand.

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