Barings has paid $150.7 million, or $491.19/sf, for the 306,809-square-foot I/O at Playa Vista office property in Los Angeles. The Charlotte, N.C., investment manager purchased it from Clarion Partners of New York, which bought it in 2014 for $132.7 million. Newmark brokered the latest deal. The 15-year-old property, at 12130 and 12180 Millennium Drive, about […]

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