Kilroy Realty Sells LA-Area Office Park for $78M

Commercial Property Executive

Posted In — News & Press | In the News

Kilroy Realty Corp. has sold Calabasas Park Centre in Calabasas, Calif., in western Los Angeles County, between the Santa Monica Mountains and Highway 101. The Class A property commanded a price of $78.2 million. Newmark Knight Frank negotiated the deal on behalf of the buyer, a joint venture between Related Fund Management and Cruzan. The partnership paid $78.2 million for the three-building 225,340-square-foot office campus.

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