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New plan. (Real Estate).(Morgan Group Inc. acquires an office property from Trizec Properties Inc.)(Brief Article)

From: Los Angeles Business Journal  |  Date: 1/6/2003  |  Author: Garcia, Shelley; King, Danny; Williams, Daniel

A large office property in Warner Center has been sold to developers who intend to redevelop a portion of the parcel for residential use.

Morgan Group Inc., a Houston-based company that specializes in multifamily development, acquired the 11-acre parcel at 6200 and 6250 Canoga Ave. in mid-December from Trizec Properties Inc.

Morgan last year acquired an adjacent property at 6150 Canoga Ave., the former site of an office complex, and is now under construction with about 130 ...

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