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The Honolulu Advertiser
Posted on: Tuesday, January 5, 2010

Pacific Office Properties increases credit


Advertiser Staff

Pacific Office Properties Trust, a real estate investment trust with holdings here and on the Mainland, said in a regulatory filing that it had amended a credit agreement with First Hawaiian Bank.

The new agreement increases the maximum borrowing to $15 million from $10 million.
Pacific Office Properties also announced its acquired a five building complex known as the Seaview Corporate Center in San Diego for $75 million. The center on almost 18 acres includes 356,500 square feet of leasable space.