BREA, CA—GlobeSt.com has learned that Lexington Realty Trust has placed the Bank of America Campus at 275 Valencia Ave. here on the sale block. While the parties involved have not revealed the asking price, industry sources tell us that the 637,503-square-foot building on 31.6 acres could fetch up to $120 million.

Cushman & Wakefield is representing the owner in the property’s sale. Bank of America is the original tenant and completely occupies the space on a net lease with nine more years remaining on it. The property serves as an operations facility for B of A, one of the world’s largest financial institutions.

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