Douglas Emmett and the Qatar Investment Authority have acquired the Glendon in Westwood through their existing multibillion-dollar investment partnership for $365 million. The Glendon is a 350-unit apartment complex with 50,000 square feet of retail in Westwood.

This is Douglas Emmett and the Qatar Investment Authority's first residential purchase through its partnership. Previously, the partnership has acquired nine office buildings in West Los Angeles.

The Glendon is walking distance from the UCLA campus, and is near a planned metro stop, which will open in 2026.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

Los Angeles
National
Multifamily
Retail
Capital Markets
Global CRE Investment
West