Douglas Emmett buys Beverly Hills office property for $75.3M

• Carthay Campus is a multi-tenant office property adjacent to Douglas Emmet's (NYSE:DEI -0.2%) East Beverly Hills office properties. The purchase price works out to $348 per square foot. It's 83% leased and consists of two buildings connected by a park.
• DEI's office portfolio is now up to 61 properties totaling 15.3M square feet.
• Source: Press Release