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...