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Transactions - APRIL 9, 2019

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Harbor Associates plans to buy $250m in SoCal suburban office

by Andrea Zander

Harbor Associates recently completed the $48 million acquisition of Encino Office Park, an approximately 213,500-square-foot office campus in Encino, Calif.

The seller was Moss Group.

The acquisition is part of the firm’s goal of investing more than $250 million in suburban Southern California assets over the next 12 months.

In 2018, Harbor’s Southern California portfolio totaled 2 million square feet and $300 million, across 10 assets.

 

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