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CA Inc. Sells Long Island HQ for $204.3 Million

Investors Acquire 778,000-SF Office Campus in Islandia, NY
By Laurie Forbes
August 24, 2006 | 9:07 P.M.

Software firm CA Inc. (NYSE:CA) agreed to a sale-leaseback of its world headquarters at One CA Plaza in Islandia, NY, to private investors Island Headquarters Operators LLC and Islandia Operators LLC for $204.3 million, or approximately $262.50 per square foot. CRIC Capital LLC, in partnership with Boston, MA-based Prudential Real Estate Investors, manages the investment group.

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