1031 Exchange Buyer Takes Down $6.3M Suburban Office Building
 Capital Pacific has closed the Tanasbourne Corporate Park II, a 42,000 SF Class A office building in Hillsboro, OR for $6.3M. The transaction closed within 35 days from start to finish, which included an assumption of an existing life insurance loan. Capital Pacific sourced a private equity 1031 exchange buyer from out of state and closed the transaction during the typically quiet holiday period. Capital Pacific previously represented the sellers in the disposition of Tanasbourne Corporate Park I in 2004. |