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Barings has acquired i|o at Playa Vista, a 306,809-square-foot creative office campus in West Los Angeles, from longtime owner Clarion Partners for $150.7 million. Newmark arranged the transaction.

The two-building property came online in 2010 and Clarion purchased it in July 2014 for $132.7 million, according to CommercialEdge. The East building rises six stories and has floorplates ranging from 18,814 to 40,000 square feet, while the five-story West building has floorplates averaging 17,784 square feet.