Newport Beach, CA-based Buchanan Street Partners acquired The Vibe Apartments, a 276-unit multifamily community in Fort Collins, CO from Milestone Development Group for $74 million. The acquisition solidifies Buchanan’s presence in Colorado with four assets spread across the Front Range.
FORT COLLINS, CALIF. — Buchanan Street Partners has purchased The Vibe Apartments, a multifamily community located at the south end of Fort Collins. Milestone Development Group sold the asset for $74 million.
Verimatrix occupies the 51,690-square-foot office building at 6059 Cornerstone Court West in San Diego. SAN DIEGO — Newport Beach, Calif.-based Buchanan Street Partners has completed the disposition of an office building located at 6059 Cornerstone Court West in San Diego.
Buchanan Street Partners has acquired The Vibe, a 276-unit multifamily community in Fort Collins, CO. The property, built in 2018, was sold by Milestone Development Group in a $74 mil ($268k/unit) transaction.
A Los Angeles-based private buyer bought an office building in Sorrento Mesa for $20.6 million, or $398 per square foot. The 51,690 square-foot property, located at 6059 Cornerstone Court West, has been fully leased since 2013 to Verimatrix.
Newport Beach-based Buchanan Street Partners divested a 51,690-square-foot office building in San Diego’s Sorrento Mesa submarket for $20.6 million, or $398-per-square-foot. Located within Cornerstone Heights Corporate Center, the building at 6059 Cornerstone Court West is 100% leased to San Diego-based Verimatrix.
A Los Angeles-based private buyer paid $20.6 mil for a 51.7k sf ($398/sf) office building in San Diego’s Sorrento Mesa area. The property was sold by real estate investment management firm Buchanan Street Partners.