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Article: Casden to sell his Beverly Hills HQ and other properties.(Alan Casden )
- Article from:
- Los Angeles Business Journal
- Article date:
- January 16, 2006
- Author:
CopyrightCOPYRIGHT 2006 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BILLIONAIRE developer Alan Casden has put three high-profile Beverly Hills office buildings on the market, including his company's headquarters.
A subsidiary of Casden Properties Inc., in partnership with New York-based Blackacre Capital Management LLC, is looking to collect around $55 million for the three Wilshire Boulevard properties.
The Class A buildings at 8942, 9090 and 9150 Wilshire Blvd. cumulatively have 209,000 square feet of space and are fully leased. The buildings are being sold as a package.
Casden is on the top floor of 9090 Wilshire Blvd., but he may move the firm in a year or two. The lower floors of 9090 Wilshire Blvd. have ...
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