GIC in joint venture to acquire office portfolio in California's 'Silicon Beach'
The Playa Vista area continues to attract many growing technology & creative tenants, it says
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Singapore
GIC and a group of investors have formed a joint venture led by Rockwood Capital to acquire a portfolio of Class A office assets in Playa Vista, California, Singapore's sovereign wealth fund announced on Tuesday.
The portfolio assets are Water's Edge, a 259,000 sq ft, two-building creative office campus and Playa Jefferson, a 251,000 sq ft, five-building multi-tenant complex.
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