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The facility spans more than a million square feet.

It did not come without lodging industry, which claimed there would be financial impact.

It was the largest West Coast multi-tenant office sale since 2022.

The apartments feature 204 units.

They are located across six Sunbelt states.

The fund is targeting $300 million total.

The move aims to boost real estate management operations.

The move comes weeks after it was reported it would seek another office conversion in the city for 600 apartment units.