Firm News

Nov 17, 2016

Seyfarth Represents LBA Realty in its $1.5 Billion Portfolio Sale to Blackstone

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Seyfarth Shaw LLP represented LBA Realty LLC in its $1.5 billion portfolio sale to Blackstone, one of the world’s leading investment firms. The portfolio is comprised of 46 industrial properties on the West Coast totaling 12 million square feet of logistics centers.

LBA Realty is a full service real estate investment and management company with a diverse portfolio of office and industrial properties in major markets throughout the western United States including California, Colorado, Washington, Oregon, Arizona, Nevada, Texas and Utah.

The Seyfarth team in Los Angeles was led by partners Stacy Paek and Richard Mendelson and included Christine Kim, Galina Krivitsky, Tim Farahnik and Navid More.