H&R REIT 2021 disclosure of 9050 Washington Boulevard disposition
H&R Real Estate Investment Trust's Q1 2021 financial report provides primary transaction details for its Culver City disposition: 9050 W. Washington Boulevard sold January 25, 2021; H&R reports 172,039 square feet, 100% ownership interest sold, and a selling price translated to C$209.6 million. The report separately states the sale was approximately US$165 million, that H&R acquired the property in May 2004 for US$60.3 million, and that approximately US$13 million of associated mortgages were repaid upon closing.
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