Kilroy Realty has made another move to reshape its portfolio, shedding another not-so-occupied property as the company faces a wave of lease expirations. The deal for the Sunset Media Center looks like a discount for joint venture Hankey Investment Company — owned by billionaire Don Hankey, who put up President Donald Trump’s $175 million bond in his New York civil fraud case — and Barker Pacific Group. The new owners paid $61 million for the 22-story, 326,000 square foot office, which comes to about $187 a square foot, with a Measure ULA tax bill of $3.6 million, according to property […]
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