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REBusiness Online MCA Realty has sold the 131,577-square-foot Diaz Commerce Center in Temecula, Calif., to an undisclosed local investor for $14 million, or $106.40/sf. MCA, of Santa Ana, Calif., had acquired the two-building property, at 27711 Diaz Road, in 2018 ...
The building is fully occupied by such tenants as Abbot Vascular and Creative Touch Interiors.
The transaction included the 77,251-sf Bel Villaggio I-II, at 41233-42301 Margarita Road, and the 39,388-sf Bel Villaggio III, at 41555-41577 Margarita Road. Pathfinder, a San Diego opportunistic investor, funded the properties' purchase and planned renovation with $12.8 million of financing ...
Pathfinder, a San Diego opportunistic investor, bought the property's first two phases, with 77,275 sf, from Wachovia Bank Commercial Mortgage Trust, 2004-C14, which had held a $15.6 million loan against them. It paid $12.75 million for the two phases, at ...
Its purchase was financed with a $30.85 million Fannie Mae loan with a 10-year term that was written by KeyBank.
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