Newport Beach-based Buchanan Street Partners continues to ramp up its multifamily portfolio outside of California, with a renewed investment strategy in Texas.
The Oasis Anaheim, a 312-unit apartment complex in Anaheim, has been sold for $146.5 million to Los Angeles-based Gelt Inc., according to JLL. A joint venture led by Redhill Realty Investors sold the property at 3530 E. La Palma Ave.
Buchanan Street Partners has acquired a newly-constructed three-story, 95k sf climate-controlled self-storage facility in Chula Vista for $26.4 mil ($278/sf) in an off-market transaction. The property, located at 3296 Heritage Rd, was sold by HomeFed Corporation, the master-plan developer of the neighboring Village of Escaya community.
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.
