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March 2, 2001 | BRAD BERTON, SPECIAL TO THE TIMES
About two months after a deal to sell Santa Monica's popular Water Garden II office complex fell through, a new buyer has emerged: the same banking giant that owns the adjacent first phase. Sources following the negotiations confirm that an investment group advised by a J.P. Morgan Chase & Co. affiliate is about to purchase the Water Garden's 600,000-square-foot second phase.
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BUSINESS
March 2, 2001 | BRAD BERTON, SPECIAL TO THE TIMES
About two months after a deal to sell Santa Monica's popular Water Garden II office complex fell through, a new buyer has emerged: the same banking giant that owns the adjacent first phase. Sources following the negotiations confirm that an investment group advised by a J.P. Morgan Chase & Co. affiliate is about to purchase the Water Garden's 600,000-square-foot second phase.
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