Thomas Properties, UBS in deal
- Share via
From Times Staff and Wire Reports
Thomas Properties Group Inc. said it had made an agreement with a UBS Wealth Management fund to jointly spend more than $250 million on office properties across the country.
Los Angeles-based Thomas Properties will pay 15% of the cost of each purchase and manage the buildings.
The company’s target markets include Los Angeles, Orange County, San Diego, San Francisco, Washington, Seattle, Denver, Houston and Austin, Texas.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
