International real estate investment and services firm Kennedy Wilson (KW: Quote) said Friday that the company and its partners have completed the acquisition of Stadium Gateway in Anaheim, CA for $56 million.
The acquisition of this six-story, 272,826 RSF, Class A office building increases Kennedy Wilson's total office portfolio to 3.6 million square feet.
The acquired propety is situated in the Central Orange County submarket and has direct access to the region's extensive freeway network and has one of the highest parking ratios of any of the submarket's 20 Class A buildings.
The "H" shaped building also has extremely flexible floorplates, giving it a competitive advantage to draw tenants whom other buildings cannot accommodate.
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by RTT Staff Writer
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