Investors Duck China’s Capital Restrictions

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GlobeSt.com

LOS ANGELES—Despite restrictions from China on exporting capital, Chinese investors are still showing up at the bidding block. Several Chinese investors bid on the recent sale of the Arcadia Gateway Center, which ultimately traded hands for $62 million. The property is a 156,046-square-foot mixed-use office, retail and medical complex that traded hands for a 5.45% cap rate.

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