Real estate investment trust Pacific Oak Strategic Opportunity REIT completed the merger with Pacific Oak Strategic Opportunity REIT II, creating a combined company with c. $2.6bn in gross real estate and real estate-related assets. Financial terms were not disclosed. "We appreciate the trust and confidence of our stockholders and thank them for their support and votes in favor of the merger. We believe the merger creates a stronger and more robust company, and provides significant benefits to stockholders, including improved access to capital markets and reduced operating costs," Keith D. Hall, Pacific Oak Strategic Opportunity REIT CEO.