FS Credit Real Estate Income Trust Inc. has paid $205.5 million, or $790.40/sf, for 555 Aviation Blvd., a creative-office property with 260,000 square feet in the Los Angeles suburb of El Segundo, Calif. The Philadelphia mortgage REIT bought the 56-year-old building from Tishman Speyer. It funded its purchase with a $126.7 million mortgage from Natixis. […]
The post FS Credit Pays $205.5Mln for Los Angeles-Area Creative Offices appeared first on Commercial Real Estate Direct.
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