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The Campus at Playa Vista Sells

LOS ANGELES–The Campus at Playa Vista, a four-building class-A office complex, has been sold. An SEC filing indicates the purchase price was $218 million.

By Bruce Haring | Updated on May 15, 2013

LOS ANGELES–The Campus at Playa Vista, a four-building class-A office complex, has been sold. An SEC filing indicates the purchase price was $218 million by Hines Global REIT, Inc., a real estate investment trust sponsored by Hines real estate and investment management. .

The Campus at Playa Vista is 97% leased on a long-term basis to tenants that include four technology companies: Facebook, Inc.; Belkin International, Inc.; the University of Southern California’s Institute for Creative Technology; and the Internet Corporation for Assigned Names and Numbers (ICANN).

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