In this issue: Hines, Antarctica Capital Win Bidding on 7.3 Mil SF Calif. Office Portfolio; Kilroy Purchase of Mission City CorporateCenter in San Diego for $70 Million; Kilroy Realty Buys 999 Town and Country for $22M; Kilroy Realty Corporation Purchases Irvine Office Building; Hudson Pacific bags 222 Kearny for $34.9M; Kilroy Purchases SoMa building for $237M; Highridge Partners Makes All Cash Acquisition Of Architectural Gem--255 California Office Building In San Francisco; Swift Realty Partners LLC Purchases Fremont Tech Center; Major Bay Area Industrial Portfolio Trades; and High Profile Beverly Hills Site, 9900 Wilshire, Acquired by Trophy Property Investors from Hong Kong and Singapore for US$148.3 Million.

Hines, Antarctica Capital Win Bidding on 7.3 Mil-SF Calif. Office Portfolio

CoStar

California First LLC, a consortium led by Hines and international private equity firm Antarctica Capital Real Estate (ACRE), were selected as the winning bidder by the State of California to purchase and leaseback 11 of the state's office buildings following a comprehensive year-long process. There are also additional unidentified equity investors.