The three properties have a total of about 75,000 sf and are an average of 98% leased, says Richard Mandel, president of Kennedy-Wilson's Commercial Group. The company's Japanese unit will also asset-manage the properties, raising the firm's portfolio in Japan to seven buildings with a total value of about $200 million.
Founded in 1977 primarily as a real estate auction house, Kennedy-Wilson has since grown into a diversified international real estate services firm with eight large offices in the US, one in Tokyo and another in Hong Kong.
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