(RealShareOrange County convenes at the Hyatt Regency, Irvine,August 16.)
ANAHEIM, CA-Kennedy Wilson, an internationalreal estate investment-services firm based in Beverly Hills, andits partners have acquired Stadium Gateway herefor $56 million. The firm tells GlobeSt.com that the seller wasMPG Office Trust and that the class-Aoffice building was completed in 2001.
The six-story, 272,826-square-foot building located at1900 State College Blvd. is 70% occupied, and thefirm also tells GlobeSt.com that it plans to market the property’svacant space for lease in order to stabilize the asset. Thepurchase increases Kennedy Wilson’s total office portfolio to 3.6million square feet.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
