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Kroenke Organization Pays $325MM for The Village in San Fernando Valley

December 27, 20222 Mins read1.5k
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Unibail-Rodamco-Westfield (“URW”) today announced that it has completed the sale of The Village, an outdoor lifestyle destination in the San Fernando Valley of Los Angeles, to the Kroenke Organization. The sale price of $325 Mn ($541 per square foot) - at 100%, URW share 55% - reflects an initial yield of 5.6% on the in-place […]

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