January 6, 2016 Comments Off on First Allied Plaza Bought As Part of $753M Deal Views: 716 California News, San Diego

First Allied Plaza Bought As Part of $753M Deal

First Allied Plaza, an office tower located at 655 W. Broadway in downtown San Diego, has traded hands as part of a multi-state portfolio totaling $753 million. The new owner is the New York State Common Retirement Fund (NYSCRF), and the seller was MetLife Real Estate Investments.

MetLife reportedly acquired the building in 2014 for $156.8 million.

First Allied Plaza, built in 2005, is situated on 1.7 acres, and totals 376,703 square feet over 23 stories. The sale was part of a major transaction that includes properties in Atlanta, Miami, Dallas, San Jose, Chicago and Arlington, Va.

Read More at San Diego Business Journal

Connect With NYSCRF

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , , , , , ,

Comments are closed.