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Hines, Oaktree funds sell Anaheim, Calif., office building for $44M

Hines and funds managed by Oaktree Capital Management LP sold a single-tenant, 180,000-square-foot office building in Anaheim, Calif., for $44 million.

The buyer was a family trust that was in a 1031 exchange.

The property at 3450 E. Miraloma Ave. is the corporate headquarters of retail clothing brand Pacific Sunwear of California LLC, which occupies the asset under a long-term triple-net lease.