2.07.2007
$75.5M Shopko Portfolio Closes
Capital Pacific has closed the $75.5M Portfolio disposition of 7 Shopko locations totaling over 700,000 square feet. The properties were located in Utah, Idaho, Oregon and Washington. Capital Pacific structured the sale and disposition of the sale-leaseback transaction that successfully closed within the seller’s pricing and timing expectations. The recent acquisition of Shopko, resulting in the company being taken from a publicly traded company to private required Capital Pacific to create a story focusing on the re-positioning and re-branding of the company moving forward.
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