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REA
March 28, 2018  

Rockpoint Wins Calif. Office Campus

Rockpoint Group has agreed to pay $158 million for a Southern California office complex that it plans to renovate and lease up.Newmark is brokering the sale of the 479,000-square-foot Summit Office Campus, in Aliso Viejo, for Deutsche Asset Management.Deutsche has secured the necessary approvals for an $8 million upgrade. Boston-based Rockpoint would fund the renovation, aimed at positioning the property to better compete for tenants in...


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