CBRE Strategic Partners US Value 8 fund bought 2100 Powell from Blackstone. :
CBRE Global Investors’ eighth value-added US real estate fund has acquired a 345,000sqft office building in California for $171m (€146.2m). The real estate investment manager announced that CBRE Strategic Partners US Value 8 fund has acquired 2100 Powell, a 16-story building in Emeryville for an undisclosed sum. Sources with direct knowledge of the transaction told IPE Real Assets that the manager paid $171m to buy the asset from Blackstone.