Blackstone Sells Massive Westwood Portfolio to Douglas Emmett and QIA
Posted on 03/02/2016
Douglas Emmett, Inc., a real estate investment trust (REIT), in a joint venture with the Qatar Investment Authority (QIA), purchased a 1,725,000 square foot office portfolio. The portfolio consists of four Class “A” office buildings located in Westwood, a West Los Angeles submarket. The purchase price was approximately US$ 1.34 billion, or US$ 777 per […]
