When GlobeSt.com first reported on the transaction six weeks ago,10 of EOP's 11 CBD properties were said to be included in the deal.But in Wednesday's announcement, Morgan Stanley did not mentionthree of the properties and did not respond to GlobeSt.com'squestions until Thursday.
Morgan Stanley now tells GlobeSt.com it omitted the threeadditional assets from its announcement not because they are notacquiring them but rather because it has yet to close on them.Those assets are One Post (421,000 sf), 201 Mission (489,000 sf)and 580 California St. (318,000 sf). Morgan Stanley says it willclose on those assets in the near future. It did not provide apurchase price.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
