Phil Belling
MANAGING PRINCIPAL
LBA REALTY
The B in LBA … Park Place mixed-use buy after last downturn among shrewdest recent local deals … sold 90% of campus in two deals totaling some $760M—four times purchase price, excluding other land sales … now eyeing office, retail development across from Park Place … sold 12M SF industrial to Blackstone for $1.5B … LBA holdings total 35M SF
