Pacific Star Group has acquired an office property in Hong Kong from Fast Rich International Enterprise and Man Wah Property. The office, L. Plaza, totals 58,200 square feet and has a sales price of $104.5 million, or $1,795 per square foot.
Major tenants of the 22-story CBD office building include Pacific Coffee and Well Link Studio.
The sellers acquired the asset in 2013 for $79.3 million.
