USC Grows in San Gabriel Valley

Tenant Completes 33,000-SF Lease for Arcadia Medical Space

University of Southern California is expanding in the San Gabriel Valley with a lease for additional medical space in Arcadia, CA.
USC signed a 10-year deal for 33,000 square feet at 125 W. Huntington Dr. with landlord VG Property Investments LLC.

Terms were not disclosed, but asking rates are about $2.95 per square foot at the site, according to CoStar data. At that rate, the deal would be valued at nearly $11.7 million.

VG built the 40,000-square-foot, two-building development on speculation that the medical office market would be quick to lease up the space. USC’s lease brings the project, completed about two years ago, to full occupancy. (

Deal Summary:

Tenant: USC
Size: 28,000 SF
Address: 125 W. Huntington Dr.
Landlord: VG Property Investments LLC
Landlord Rep: Robert Ip, Michael Dettling and Andrew Berk – Avison Young
Tenant Rep: Rocky Binswanger and David Freitag – CBRE