Buchanan Street Partners purchased Kirby Interchange, a 293,000-square-foot, eight-building flex/office project in Houston, TX. The property, which is 80% leased, was sourced off-market and is located three miles south of Texas Medical Center, which is the largest medical center in the world.
Buchanan Mortgage Holdings closed a construction loan for The Orchard, a 177,000-square-foot mixed-use residential and retail development located in Azusa, CA. The $55 million loan will be used to build 163 market-rate apartments over 31,700 square feet of retail.
Buchanan Street Partners has acquired Newark Tech Park, a 99,716-square-foot, two-building office and life science project in San Francisco’s East Bay, which is 98% leased. Located at 8000 and 8100 Jarvis Avenue in Newark, CA, the property was purchased for an aggregate price of $26.2 million.
Newport Beach-based Buchanan Street Partners is ramping up its multifamily portfolio outside of California. The real estate investment firm recently closed a 240-unit apartment complex in Colorado Springs, bringing its out-of-town rental buys past the 1,300 mark over two years.
Cushman & Wakefield announced that Buchanan Street Partners of Newport Beach, Calif. sold Quattro, a multi-tenant office building located at 4310-4350 E. Cotton Center Blvd. in Phoenix. Boston-based Albany Road Real Estate Partners purchased the property for $43.5 million.
The Ridgepointe at Gleneagle property consists of 13 buildings on 15 acres of land and was 95% occupied at the time of acquisition. The community is located at the Northern end of Colorado Springs, which boasts some of the highest median income and home prices within the City coupled with...
Buchanan Street Partners recently acquired Creekside at Palmer Park, a 328-unit Class A apartment complex in Colorado Springs, Colorado for $72.5 million from Griffis Blessing. Built in 2003, the complex is a mix of one, two and three-bedroom apartments with an average of 993 square feet per unit, exceeding the...
NEWPORT BEACH, Calif. and SEATTLE, Wash. – (Nov. 26, 2018) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, has closed on a $16 million non-recourse bridge financing to Net Lease Alliance to resume and complete the construction of a 125,100 square-foot retail center in the...
NEWPORT BEACH and LOS ANGELES (August 28, 2018) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, has provided $4.1 million in short-term bridge loan financing for the acquisition and repositioning of Pacific Apartments, a 13-unit multifamily complex in the Mar Vista neighborhood of Los Angeles,...
Newport Beach, Calif. and Tucson, Ariz. (July 23, 2018) – Buchanan Street Partners, a Newport Beach, California-based real estate investment management firm, has provided $4.25 million in non-recourse bridge financing to Cypress West Partners (CWP) for its purchase of a 15,038 square-foot medical office building in Tucson, Arizona.
