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A joint venture between Hines and a subsidiary of real estate funds managed by Oaktree Capital Management has sold Ygnacio Center, a 529,612-square-foot office campus in Walnut Creek, Calif., for $111 million, according to The Registry.
Hall Equities Group acquired the asset, Contra Costa County public records show. The buyer took out a $46.5 million loan from Farmers & Merchants Bank of Central California.