Los Angeles County Pension Fund Buys Kent Office Park for $23.2MM

The Los Angeles County Employees Retirement Association (LACERA) just acquired the Springbrook Business Park in Kent for $23.2 million, or approximately $126 per square foot. The seller was Metzler Real Estate, which had owned the property since July of 2007 when it purchased it for $20,697,500, or approximately $112 per square foot from Washington Capital […]