Capital Pacific Home
For those with higher expectations™
12.02.2010
CAPITAL PACIFIC REO TRANSACTION UPDATE

Capital Pacific recently sold two REO properties.
Properties were presented to targeted buyers,
emphasizing strength and opportunity of asset:






KEENE PLAZA:
  • 86% Occupied, 32,000 square foot Strip Center anchored by Ace Hardware in Richland, WA.
  • Capital Pacific represented a private investor who paid $3,200,000.
FORMER CIRCUIT CITY:
  • 28,000 square foot Single Tenant pad to Costco in Spokane, WA, sold for $2,400,000.
  • Buyer was a regional electronics retailer who plans to occupy a portion of the space. All cash transaction.

posted by Capital Pacific  # 1:45 PM
Comments: Post a Comment