4.25.2011
Capital Pacific Recently Sold a Ground Lease Child Care Center in California
 Capital Pacific represented the buyer and seller on a modular unit ground lease for a child care center in Delano, CA. The buyer offered to purchase the asset at the asking price, which is reflective of the scarcity of available product. It also reflects an evolution in the risk profile of CA investors, signaling continuing recovery for tertiary markets, singular use buildings, and non-investment grade tenancies.
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