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Access here alternative investment news about Cbre Gi Fund Pays $171m For Office Building In Emeryville | News | Ipe Ra
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Cbre Gi Fund Pays $171m For Office Building In Emeryville | News | Ipe Ra

by realassets.ipe.com posted 5months ago 25 views
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.

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