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CBRE Global Investors Acquires Irvine Office Bldg for $120 Million

Why the Market is Heating Up in the OC
By Karen Jordan
January 9, 2018 | 7:44 P.M.

Downtown Los Angeles-based CBRE Global Investors scooped up 2600 Michelson Dr., a 16-story office building in Irvine, CA, for $120 million, or about $390 per square foot, from Ocean West Capital Partners and Dune Real Estate LLC in a sale that shows what a hot market Irvine has become.

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