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LPC Realty Advisors I bought the six-building Wateridge campus in Ladera Heights on behalf of a public pension fund for $135 million, or about $240 a square foot.

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Office Campus Sells East of Playa Vista for $135M

An affiliate of Lincoln Property Co. has purchased an office complex just east of Playa Vista and has plans to freshen up the 560,000-square-foot site. LPC Realty Advisors I bought the six-building Wateridge campus in Ladera Heights on behalf of a public pension fund for $135 million, or about $240 a square foot, according to a source close to the deal.

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