Capital Pacific has successfully paired a TX-based 1031 exchange buyer with an existing Walgreens property located in the Space Center Development in Houston, TX.
The acquisition required assumption of an existing loan, and the buyer had only a short period of time to close given their exchange deadline.
Capital Pacific worked closely with the Buyer, Seller and Trustee to ensure the transaction was streamlined and closed in advance of the deadline. The Buyer was represented by an outside broker.