Buchanan Street Partners has purchased Newark Tech Park, an office and life sciences asset in Newark. New York-based Time Equities sold the property for $26.2 million.
Buchanan Street Partners has acquired a 99K SF Newark, California, complex for $26.2M, or about $262 per SF, with plans for significant upgrades to meet local life science and tech demand, the company said Tuesday.
Buchanan Mortgage Holdings has closed a $55 million loan for construction of The Orchard, a mixed-used residential and retail development in Azusa, approximately 20 miles east of Los Angeles. The borrower, Serrano Development Group, will use the loan to construct 163 market-rate apartments and 31,700 square feet of retail space.
Two loans totaling more than $130 million were announced for multifamily properties in Paramount and Azusa last week. A $76.3 million loan was granted for The Enclave, a 306-unit multifamily building at 13801 Paramount Blvd. in Paramount.
Buchanan Street Partners purchased Kirby Interchange, a 293,000-square-foot, eight-building flex/office project in Houston, TX. The property, which is 80% leased, was sourced off-market and is located three miles south of Texas Medical Center, which is the largest medical center in the world.
The property is a transit-oriented development that will anchor downtown Azusa at the corner of N. Azusa Ave and historic Route 66. The site offers walkable access to the Azusa Pacific and Citrus Colleges, as well as the Downtown Metro Goldline, which is a 45-minute public transit commute to Downtown...
Buchanan Mortgage Holdings, the finance arm of Newport Beach-based Buchanan Street Partners, has delivered a $55-million construction loan for The Orchard, a 177,000-square-foot mixed-use residential and retail development located in Azusa, CA.
Buchanan Mortgage Holdings closed a construction loan for The Orchard, a 177,000-square-foot mixed-use residential and retail development located in Azusa, CA. The $55 million loan will be used to build 163 market-rate apartments over 31,700 square feet of retail.
Buchanan Street Partners has acquired Newark Tech Park, a 99,716-square-foot, two-building office and life science project in San Francisco’s East Bay, which is 98% leased. Located at 8000 and 8100 Jarvis Avenue in Newark, CA, the property was purchased for an aggregate price of $26.2 million.