With a surge of economic activity in the last decade, Long Beach has become an attractive value-add market for investors like Canyon Partners.
The 1.64-million-square-foot portfolio was previously owned by First Potomac Realty Trust, which DSC founders and partners Douglas Donatelli and Nick Smith founded in 1997 and ran until 2015.
Sun Life has committed significant capital to support Bentall GreenOak.
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