The three properties have a total of about 75,000 sf and are anaverage of 98% leased, says Richard Mandel, president ofKennedy-Wilson's Commercial Group. The company's Japanese unit willalso asset-manage the properties, raising the firm's portfolio inJapan to seven buildings with a total value of about $200million.
Founded in 1977 primarily as a real estate auction house,Kennedy-Wilson has since grown into a diversified internationalreal estate services firm with eight large offices in the US, onein Tokyo and another in Hong Kong.
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