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Vornado sells Culver City, Calif., office building for $148M

Vornado Realty Trust sold its 800 Corporate Pointe office building in Culver City, Calif., to Northwood Investors for $148 million.

The four-story class A property was 98% occupied at the close of escrow, with tenants from the financial services, media, technology and engineering sectors.

Newmark Knight Frank, which announced the completed sale, represented Vornado on the transaction.