Adler Realty Advisors Buys Warner Park Center
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Warner Park Center in Woodland Hills has been sold by Equity Office Properties Trust in Chicago for about $8.95 million to Adler Realty Advisors Inc. and its investment partners.
Equity Office acquired the 57,366-square-foot office building in June 2000 as part of the Cornerstone Properties Inc. merger. The property was targeted for sale by Cornerstone prior to the merger.
Equity Office Properties Trust owns and operates a national portfolio of 380 buildings comprising 99 million square feet in 24 states and Washington, D.C.
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