Real estate investment trust buys 13 Southern California properties

Also acquires land in $1.63 billion purchase
Published on Dec 22, 2005

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by CareyBot

Trizec Properties is acquiring a Southern California portfolio made up of 13 properties, totaling 4.1 mission square feet, as well as several development land parcels for $1.63 billion from Arden Realty.   Both the office and land purchases are expected ...