Douglas Emmett Buys Encino Office Building for $61M
August 15, 2013 at 16:25 PM EDT
Douglas Emmett, Inc. (NYSE: DEI ), a real estate investment trust (REIT), announced that it has acquired a 191,000 square foot Class "A" multi-tenant office building located at 16501 Ventura Boulevard in Encino for a contract price of $61 million, or $319 per square foot. Douglas Emmett's total office portfolio now consists of 60
