The headquarters of Dole Food Co. in Westlake Village has sold to the Conrad N. Hilton Foundation for $50 million, according to brokerage CBRE Group Inc.
The 168,000-square-foot corporate campus is located at One Dole Drive and occupies more than 10 acres.
Dole will lease back a portion of the building. The Hilton Foundation was a tenant at the property prior to the sale, and plans to designate it as its headquarters.
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