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Cigna Investment and Muller Co acquires office building in California

  • Region:

    United States of America

  • Sector:

    Real Estate

  • Deal Size:

    $63.4 million

  • Buy Side Company:

    CIGNA Investment Management, The Muller Company
  • Sell Side Company:

    New York Life Real Estate Investors
  • Target Company:

A joint venture between US-based commercial real estate investment firm, The Muller Company and Cigna Investment Management has acquired an office building in San Jose, California. The deal is valued at $63.4 million and the seller is real estate investment firm, New York Life Real Estate Investors. The property is a six-storey building featuring 103,622 square feet of office space. Cigna Investment Management is the investment arm of Cigna Corp. Cushman & Wakefield represented the buyer and the seller on the transaction.

Tags:

Commercial real estate deals,Commercial real estate,Real estate deals,Real estate,office property