KKR is making the investment through its Real Estate Partners Americas II Fund.
1221 City Center is 99% leased. Existing tenants include Clorox, Union Bank, Stanford Health Care, Wells Fargo Bank and Parsons Brinkerhoff.
Previously: Acadia Health deal now in question; shares tumble 7% (Nov. 20)
Previously: KKR and Bain form $20M fund to aid former Toys R Us employees (Nov. 20)
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