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The 48 properties include Class A and B industrial holdings that are currently 96.4% occupied.

NortonLifeLock sold the 445,967-square-foot fully amenitized office campus as part of a sale-leaseback transaction.

The 78,564-square-foot, 12-story office-and-retail building had been listed for sale last October for $113 million.

Earlier this year the private equity giant acquired a $1 billion housing portfolio in San Diego that it plans to keep affordable.

The partners intend to acquire and operate office properties in Boston, Los Angeles, New York, San Francisco, Washington, DC and Seattle.

Since launching in early 2021, the ETS fund has invested in four assets in California and Philadelphia.

KDC will continue to develop corporate office facilities across the US while also focusing on developing and acquiring mixed-use projects.

The firm will create a new campus in Pasadena to expand GM's Advanced Design Center operations.