LOS ANGELES, CA – The partnership of Rising Realty Partners and Fortress Investment Group have sold the creative office campus, the Park Calabasas, to the subsidiary of China-based, Gemdale Corp., Gemdale USA, for $79 million.
The sale represents Conejo Valley's largest office trade since 2008.
The 222,524-square-foot, low-rise campus, located at 4500 Park Granada, features outdoor courtyards, new on-site amenities, landscaped gardens and executive parking.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
