Real estate investment firm Kennedy Wilson acquired a 354,341-square-foot office building in Thousand Oaks, Calif., for $131 million.

Built in 1982, the building, which was extensively renovated in 2007, is situated on 43 acres. It comprises three stories of class A space.

At the time of sale, the property was 79 percent occupied and includes three major tenants: Baxter Healthcare, Verizon and HMS Capital.

Kennedy Wilson and its sponsored funds KWI Property Fund I and KW Property Fund II purchased the asset from an unidentified entity.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top