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Omninet Capital Acquired Two Office Buildings in Los Angeles

Colony Capital Sells Commerce Plaza Properties for $37.5 Million
Wells Fargo Bank occupies the Commerce Plaza East office building at 5701 S. Eastern Ave. in Los Angeles. (CoStar)
Wells Fargo Bank occupies the Commerce Plaza East office building at 5701 S. Eastern Ave. in Los Angeles. (CoStar)
By Chris Bundy
CoStar Research
May 20, 2020 | 12:01 P.M.

Omninet Capital in Beverly Hills, California, acquired the two-building Commerce Plaza office park at 5701 S. Eastern Ave.and 5601 E. Slauson Ave. in Los Angeles for $37.5 million, or about $192 per square foot, from Colony Capital.

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