The Bascom Group

Harbor and Bascom buy office buildings in California for $37.4 mln

Long Beach, CA (May 16, 2018) – Harbor Associates, LLC (Harbor), and joint venture partner The Bascom Group LLC (Bascom), has acquired office buildings in Los Angeles and Del Mar, CA in separate transactions totaling $37.4 million.

The latest transactions extend the relationship enjoyed by the two companies, who over the last three years have invested more than $250 million in a portfolio of 18 office buildings with an aggregate square footage of 1.2 million square feet in Southern California and Colorado. Harbor and Bascom plan to expand the platform and invest an additional $500 million throughout the Western U.S. over the next two years.

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