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Real Estate/Development

Apr. 2, 2000

Tishman Speyer Properties to acquire MGM Plaza

Maguire Partners is selling MGM Plaza, a mixed-use office campus in Santa Monica, to Tishman Speyer Properties. The transaction, reportedly valued at $360 million, is scheduled to close late this month.

Maguire Partners is selling MGM Plaza, a mixed-use office campus in Santa Monica, to Tishman Speyer Properties. The transaction, reportedly valued at $360 million, is scheduled to close late this month.
Steve Silk and Jay Borsi of Cushman & Wakefield and Secured Capital represented Maguire Partners. Tishman Speyer Properties represented itself.
Jerry Speyer, managing partner of Tishman Speyer Properties says the decision to buy was based on the limited supply of new co...

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