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Dispositions
9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Real Estate Assets Held for Sale and Dispositions

Operating Property Dispositions

The following table summarizes the operating properties sold during the nine months ended September 30, 2015:
Location
 
Property Type
 
Month of Disposition
 
Number of Buildings
 
Rentable Square Feet
15050 NE 36th Street, Redmond, WA
 
Office
 
April
 
1
 
122,103

San Diego Properties - Tranche 1 (1)
 
Office
 
April
 
3
 
384,468

San Diego Properties - Tranche 2 (2)
 
Office
 
July
 
6
 
539,823

Total Dispositions
 
 
 
 
 
10
 
1,046,394

________________________ 
(1)
The San Diego Properties - Tranche 1 include the following: 10770 Wateridge Circle, 6200 Greenwich Drive, and 6220 Greenwich Drive.
(2)
The San Diego Properties - Tranche 2 include the following: 6260 Sequence Drive, 6290 Sequence, Drive, 6310 Sequence Drive, 6340 Sequence Drive, 6350 Sequence Drive, and 4921 Directors Place.

The ten buildings encompassing 1,046,394 rentable square feet were sold for a gross sales price of $309.2 million, resulting in a gain on sale of $110.0 million.

Land Disposition

During the nine months ended September 30, 2015, the Company sold a land parcel located at 17150 Von Karman in Irvine, California for a gross sales price of $26.0 million, resulting in a gain on sale of $17.3 million.