A joint venture of Harbor Associates and Platform Ventures has acquired a 119K SF office building in Los Angeles for conversion into lab space that will become a global headquarters for gene therapy innovator A2 Biotherapeutics (A2 Bio).
Adler Realty sold the two-story, multi-tenant property for $19.3M, with Citizen Bank providing the joint venture with a $29.3M loan for the transaction.
A2 Bio has signed an 11-year lease for 76K SF in the building at 30601 Agoura Road, north of Santa Monica in Agoura Hills.
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
Already have an account? Sign In Now
© 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.
