City office reit announces closing of sale of life science portfolio for $576 million

Vancouver, dec. 2, 2021 /prnewswire/ -- city office reit, inc. (nyse: cio) ("city office" or the "company") announced today that it has closed the sale of its holdings in the sorrento mesa submarket of san diego for $576 million. the net sale proceeds, after estimated closing and transaction costs, are approximately $548 million.
CIO Ratings Summary
CIO Quant Ranking