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Vertical Ventures Capital LLC has paid $20.3 million, or $146/sf, for the 139,015-square-foot Moreno Corporate Center industrial/flex property in Moreno Valley, Calif. The Walnut Creek, Calif., investment manager bought the five-building property, at 14300, 14320 and 14340 Elsworth St. and ...
95 percent occupied.
88 percent occupied.
The property was marketed byNKF Capital Marketson behalf of CWCapital Asset Management, which had taken it through a deed-in-lieu of foreclosure six years ago when a $76.1 million CMBS loan had defaulted. The loan was securitized through Citigroup Commercial Mortgage ...
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