Thursday, December 27, 2012

Mission West Completes $1.3B Disposal Of Its Portfolio




National Commercial Real Estate News From CoStar Group





Mission West Completes $1.3B Disposal Of Its Portfolio



Mission West Properties, Inc. has completed its previously announced agreements to sell all of its real estate assets for about $1.3 billion.

The Cupertino, CA-based company sold certain assets to a joint venture sponsored by affiliates of Divco West and TPG Real Estate for about $400 million in cash and $398 million in assumed mortgage debts and other obligations.

Additionally, Mission West completed a separate transaction in which certain...






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