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Transactions reported this week included the sale of a corporate campus in Irvine, Calif., for $443 million.
The property will be renamed Five Point Gateway. It consists of approximately 1 million square feet of planned R&D and office space across four buildings. Broadcom will remain the largest tenant, leasing approximately 660,000 square feet of research and development space under a 20-year lease.
Buyer Seller Property Location Size Price