Douglas Emmett JV Buys Welltower’s Beverly Hills Bedford Collection for $260MM

The 246,000-SQFT medical office portfolio trade hands at roughly $1,057 per square foot, lifting the REIT's Golden Triangle footprint to 2.4 million square feet as Welltower extends its exit from outpatient real estate. A joint venture managed by Douglas Emmett Inc. has acquired the Bedford Collection, a 246,000-square-foot medical office portfolio in Beverly Hills, Calif., […]