A Chula Vista self-storage building has been sold for $26.4 million. Buchanan Street Partners bought the 95,000 square-foot climate-controlled building, 3296 Heritage Road, from HomeFed Corp.
Buchanan Street Partners recently acquired a newly constructed three-story 95,000-square-foot climate-controlled self-storage facility located at 3296 Heritage Rd. in Chula Vista. Buchanan purchased the property for $26.4 million in an off-market transaction with HomeFed Corporation, the master-plan developer of the neighboring Village of Escaya community.
CHULA VISTA, CALIF. — Buchanan Street Partners has purchased a newly constructed self-storage asset located at 3296 Heritage Road in Chula Vista. HomeFed Corp. sold the property for $26.4 million in an off-market transaction.
In a $37 million deal, Cypress Office Properties and Harbert Management Corp. have acquired The Arc, a 180,110-square-foot two-building office campus in Mesa, Ariz., from Buchanan Street Partners. Cushman & Wakefield handled the transaction on behalf of both parties.
The Arc, previously known as Stapley Corporate Center, a 180,110-square-foot class-A office project in Mesa, recently sold for $37 million. Built in 2007 to 2008, the 87 percent leased two-story two-building asset features a tenant roster of physician-occupied (23 percent) and medical-related (40 percent) users.
Newport Beach-based Buchanan Street Partners recently acquired Village of Rowlett, a 249-unit multifamily community located in Rowlett, from Catalyst Urban Development. The property was 96 percent occupied at the time of sale.
Buchanan Street Partners, a nationally recognized real estate investment firm based in Newport Beach that focuses on making debt and equity investments in commercial and multifamily real estate, has announced the hiring of C. Amy Romero as Executive Assistant.
Buchanan Street Partners, a nationally recognized real estate investment firm based in Newport Beach that focuses on making debt and equity investments in commercial and multifamily real estate, is expanding its presence within the investment advisory community with the hiring of Thomas Downes.
Buchanan Street Partners has acquired a nearly 92,000-square-foot retail center in Fountain Valley, a rare Orange County buy for the Newport Beach-based real estate investment management firm.