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LOS ANGELES-JPMorgan Asset Management - Real Estate, an asset management division of JPMorgan Chase & Co., has agreed to purchase an office development situated in Playa Vista for an amount of $300 million or about $599 per square foot.
SEATTLE-The Seattle Times Co. has sold the South Lake Union office building to an affiliate of Beverly Hills-based Simms Commercial Development for $36 million.
SAN FRANCISCO-Palo Alto-based Facebook Inc. has purchased two office buildings, which total 120,000 square feet in Menlo Park, for an undisclosed amount.