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Harbor Group International has bought a 157,518-square-foot office building at 630 Roseville Parkway in Roseville, Calif., for $39.45 million, or $250.45/sf. The New York investment company purchased the property from a venture of Farallon Real Estate Partners and Strada Investment ...
Prime US REIT, a Singapore REIT that was formed last year by an affiliate of KBS Realty Advisors, has paid $165.5 million, or $338.35/sf, for Park Tower, a 489,171-square-foot office building in Sacramento, Calif. The company, which started life with ...
Multi-Housing News Aspen Square Management has sold the 140-unit Cambridge House Apartments in Davis, Calif., for $42 million, or $300,000/unit. The buyer was not identified. The Mogharebi Group brokered the deal. Cambridge House, at 619 Pole Line Road, has one-, ...
REBusiness Online A venture of Ridge Capital Investors LLC and Contrarian Capital Management has bought the 250-unit Sterling Pointe apartments in Sacramento, Calif., for $33 million, or $132,000/sf. The seller was not disclosed. Colliers International represented the buyer in the ...
Rentv.com Diamond Developers LLC has bought the 61,000-square-foot Carmichael Center retail property in Carmichael, Calif., for $11 million, or $180.33/sf. The Southern California private investment group purchased the shopping center, at 7223, 7225 and 7241 Fair Oaks Blvd., from an ...
An investment group led by construction executive Kurt Hilbers has bought the 57,400-square-foot Strawberry Creek shopping center in Sacramento, Calif., for $20.95 million, or $364.98/sf.
SMG Investment has sold the 130-unit Regency Apartments in Sacramento, Calif., for $15.8 million, or $121,538/unit. The sale was financed with a $12.8 million Freddie Mac loan that was secured by Berkadia. The loan has a 10-year term.
Fairbourne Partners has paid $56 million, or $197.65/sf, for a 283,341-square-foot component of the 666,000-sf Promenade at Sacramento retail center in Sacramento, Calif. The property is 94 percent occupied. Fairbourne funded its purchase in part with a $37.5 million mortgage ...
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