Goldman Sachs JV Pays $83M for Orange County Office Campus

A joint venture between Goldman Sachs Asset Management Private Real Estate (GSAM PRE) and Pendulum Property Partners has acquired Axis, a 301,761-square-foot Class A office campus in Anaheim, Calif., for $83.1 million, according to Yardi Matrix. The seller, The Seligman Group, had purchased the five-building asset in October 2005 for $68.2 million.

Source: Commercial Property Executiv

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