Bixby Office Park

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  • Bixby Office Park Acquired for $85 Million; TIAA-CREF Expands Portfolio With Industrial Purchase

    It was recently announced that the Bixby Office Park was recently acquired by a private, fully-integrated real estate investment company. Parallel Capital Partners sealed a deal worth approximately $85 million to secure the commercial asset in Seal Beach, CA. This constitutes the largest office transaction in Orange County in 2013. The seller was a large national insurance company, represented by an Eastdil Secured team consisting of Adam Edwards and K.C. Scheipe. The buying entity was PCPI BIXBY LP, an affiliate of Parallel Capital, who represented itself.

    Los Angeles 11 March 2013 18:54

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