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.
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