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Singapore REIT Buys Office Properties in California and Florida for $245.5 Million

Investment Trust Cites Tech Growth, Business Migration for Deals in San Diego, Boca Raton
Prime US REIT of Singapore is acquiring office properties including the two-building Sorrento Towers in San Diego. (CoStar)
Prime US REIT of Singapore is acquiring office properties including the two-building Sorrento Towers in San Diego. (CoStar)
CoStar News
June 25, 2021 | 9:44 P.M.

Singapore-based investor Prime US REIT agreed to buy office properties in San Diego, California, and Boca Raton, Florida, for a total of $245.5 million in separate deals fueled by rising nationwide demand for space in technology sectors.

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