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Kilroy Realty sells Calabasas, Calif., office campus for $78.2M

Kilroy Realty Corp. sold a three-building office campus in Calabasas, Calif., for $78.2 million.

The Calabasas Park Centre spans 225,340 square feet at 23925, 23975, 24025 Park Sorrento. The class A property is 96% leased and is Leadership in Energy and Environmental Design Gold Certified.

A joint venture between Related Fund Management and Cruzan was the buyer.

Newmark Knight Frank represented Kilroy in the transaction.