Real Estate/Development
Feb. 23, 2012
Horizon at Playa Vista office building sale
At $290 million and 500,000 square feet, the sale of two office buildings in the Horizon at Playa Vista office campus was one of the largest commercial property acquisitions in Los Angeles County in recent years.
It was also a challenging transaction. The property owner, a joint venture between Lincoln Property Company and ASB Capital Management LLC, was retaining one phase of the urban office campus, but selling another. For the lawyers involved, that meant addr...
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