Press Releases

Buena Park, CA (November 1, 2023) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, acquired Village Business Park, a 5-building, 301,328 SF multi-tenant industrial park in Buena Park, California. Buchanan is purchasing the project, at 7050-7150 Village Drive, from a Boston-based fund manager for $71,000,000.

Newport Beach, CA (October 25, 2023) – Buchanan Street Partners, LP (Buchanan), a Newport Beach, CA-based real estate investment management firm, has acquired a stabilized institutional quality self-storage facility located at 12200 Rock Creek Road, Auburn, CA. The 116,500-square-foot facility, comprised of 825 self-storage units and 40 RV parking spaces, was purchased for $20.75 million, $178 per sq. ft., in an off-market transaction with a private owner operator. The transaction marks the fourth California self-storage property acquired by Buchanan in recent years.

Newport Beach, CA (June 21, 2023) – Buchanan Street Partners, L.P. (Buchanan), a Newport Beach, CA-based real estate investment management firm, has acquired two recently constructed Class A self-storage facilities in the Phoenix MSA. Located at 29640 N Tatum Blvd, Cave Creek, AZ and at 2862 S Signal Butte Rd, Mesa, AZ, the facilities total 160,500 rentable square feet and 1,620 units. The properties were acquired at a total purchase price of $41 million or $255 PSF. The seller was Garrett Development Corporation, and the transaction was brokered by CBRE’s Nick Walker and Walter Brauer. The acquisitions represent an entrance into a new market for Buchanan’s self-storage team as these two properties are Buchanan’s first storage acquisitions within the greater Phoenix MSA

Newport Beach, CA (March 9, 2023) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, sold a two-building, 42,697-square-foot office property to a private Newport Beach real estate firm for $20.4 million.

Laguna Hills, CA (December 20, 2022) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, acquired Oakbrook Plaza, a 4-story, 120,354 SF office property in Laguna Hills, California. Buchanan is purchasing the building, at 24422 Avenida De La Carlota, from a NYC-based fund manager for $28,100,000 in an off-market transaction

McKinney, TX (November 16, 2022) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, on behalf of Arnel & Affiliates, acquired a 354-unit, 2021 built, core multifamily community in McKinney, Texas from JPI. Jefferson Terrace features 209 one-bedroom, 115 two-bedroom, and 30 three-bedroom units. The Property was 94% occupied at the time of sale.

Santa Rosa, CA (November 11, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $35.5 million non-recourse senior construction loan for the development of a class A, 108-unit multifamily community located in downtown Santa Rosa, the county seat of Sonoma County, California.

Perris, CA (November 8, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a non-recourse, 81% LTC, $25 million construction loan for the development of a 53,275-square-foot, class A truck terminal situated on 10.5 acres in Perris, California. Upon completion, the property will feature 26’ clear heights, 99 dock-high doors, 161 trailer parking stalls, and 5,000 square feet of office buildout.

Lacey, WA (October 5, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., provided a $39 million non-recourse construction loan to Harbor Custom Development, Inc. to complete the development of a 177-unit, garden-style multifamily community located in Lacey, Washington, a suburb of the Seattle/Tacoma MSA.

Newport Beach, CA (September 26, 2022) – Buchanan Mortgage Holdings, LLC (BMH), an affiliate of Buchanan Street Partners, L.P., recently closed three loans in California totaling $55 million. “We are thrilled to continue building upon BMH’s successful track record of providing creative financing solutions to our existing and new client...

Buchanan Street Partners, a Newport Beach, CA-based real estate investment management firm, has announced the off-market acquisition of Park Place 8, a class A, 250,894-square-foot flex/light industrial park in Houston, TX. Situated on close to 22 acres, the park is comprised of four-buildings. The property, currently 62.5 percent leased, is located at 5353-5373 W. Sam Houston Parkway.

Azusa, CA (March 15, 2022) – Buchanan Mortgage Holdings, LLC, an affiliate of Buchanan Street Partners, L.P., closed a $47 million non-recourse construction loan with Serrano Development Group for the development of Lumia Apartments located in Azusa, California.