RREEF Property Trust Inc. sold the five-building, 479,450-square-foot The Summit Office Campus in Aliso Viejo, Calif., to Rockpoint Group LLC, Commercial Property Executive reported, citing information from Yardi Matrix.
While financial information for the transaction was not disclosed, industry sources report the deal to be worth over $150 million, according to SoCal Real Estate.
The complex sits on about 20.7 acres at 65, 75, 85, 95 and 101 Enterprise. NKF Capital Markets represented the diversified real estate investment trust in the deal.
