Whirlwind Closing with Hollywood Connection
 Capital Pacific is pleased to announce the closing of a triple net BJ’s Wholesale Club, located in Charlotte, NC. This sale illustrates Capital Pacific’s unique ability to leverage strong client relationships with quality investment opportunities, aggressive West Coast 1031 exchange buyers, and transactional expertise into a “win-win” for everyone – the property went from Letter of Intent to closed escrow in 11 days!And since you’re still wondering about the Hollywood connection: the buyer had a short timeframe left on a 1031 Exchange, having sold some property to a famous Hollywood couple. Capital Pacific agents believed this was a viable transaction, and worked through the typical onslaught of issues during the short escrow, ranging from environmental documentation, to working with the Ohio-based seller to accommodate the buyer’s financing needs. And that’s a wrap! |