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California Investment Firm Adds To Its Houston Office Portfolio

Buchanan Street Partners acquires Houston office tower: Forum and PPI-PEMEX building
While Duke Realty is shedding its suburban office assets across the country, Buchanan Street Partners is in acquisition mode. The Newport Beach, Calif.-based investment firm has added a third local building to its portfolio with the purchase of Sam Houston Crossing II, a 160,000-square-foot office building at 10344 Sam Houston Park. The building, completed by Duke Realty in 2013, is fully leased by Forum Energy Technologies, Pemex and First American Title Co.

Buchanan Street Partners Closes $25 Million Loan for Inland Empire Shopping Center

Boats docked in a harbor with a coastal city in the background
Newport Beach, Calif. (February 6, 2017) – Buchanan Street Partners has provided a $25 million loan to Euclid Plaza LLC, for Stater Bros. Plaza, a 73,641 square-foot retail center in Chino, California. The transaction represents Buchanan Street’s active bridge lending business, which provides expedited, flexible debt financings for high quality real estate projects.

Buchanan Street Partners Picks Up Office Assets In Denver And Houston

Buchanan Street Partners acquires modern office buildings in Denver and Houston.
OC-based Buchanan Street Partners has closed on two west coast office buys, in Denver and Houston. The properties total 384k sf in combined size. In Denver, Buchanan Street Partners purchased 5613 DTC, a 224k sf, transit-oriented office tower located at 5613 DTC Pkwy. The building was sold by SteelWave LLC. Buchanan Street plans to complete extensive improvements that include investing significant capital in tenant spaces, common areas and building systems.

Investors Remain Optimistic About Long-Term Economy

San Francisco Bay Bridge at dusk, with city skyline and Transamerica Pyramid
HOUSTON—There is optimism due to a diversified economy beyond energy resulting in net positive job growth during the last 18 months, a rebound of the energy sector will stimulate added job creation and population in the region is increasing. There is an increasing opportunity in Houston’s office sector as a result of the distress in the energy sector. Although the energy sector has recovered significantly, valuations have dropped materially, according to Buchanan Street Partners.

Buchanan Street-Backed Fundraiser To Feature Cheap Trick Performance

Cheap Trick performs live on stage at a Buchanan Street fundraiser event.
Buchanan Street Partners and the real estate firm's foundation, Buchanan Children's Charity, are looking for real estate professionals wanting to rock out to attend at an April 20 benefit concert featuring Cheap Trick. The show, to be held at the House of Blues in Anaheim, Calif., will be the 5th concert partially underwritten by Buchanan Street Partners to benefit Music Matters, a program created in partnership with the Orange County Community Foundation to bring back music programs in Orange County public schools. Some of the proceeds also go to Buchanan Children's Charity, which works to improve the lives of and educational opportunities for children.

Buchanan Street Partners Buys 5613 Dtc

Buchanan Street Partners Denver office tower purchase: modern office buildings.
Buchanan Street Partners has acquired 5613 DTC with the intent of taking the high profile southeast suburban office tower to the next level. Buchanan Street bought the 12‑story, 224,015-square foot office building, which sits along Interstate 25 at the foot of the Orchard light-rail station pedestrian bridge, from SteelWave LLC. Terms weren’t disclosed, but Arapahoe County records show the price was $32.75 million.

Buchanan Street Partners Purchases Denver Office Tower

Buchanan Street Partners Denver office tower purchase: modern office buildings.
Company Plans to Invest in Significant Capital Improvements to Reposition the Property Newport Beach, Calif. and Denver (January 18, 2017) – Buchanan Street Partners announces the acquisition of 5613 DTC, a 224,015-square-foot, transit-oriented office tower located at 5613 DTC Parkway in Denver. Buchanan Street purchased the building from SteelWave, LLC with plans to complete extensive improvements that will attract and retain tenants seeking a first class office environment in one of Denver’s premier office submarket.

Buchanan Street Partners Buys Office Tower In Houston

Buchanan Street Partners acquires Houston office tower: Forum and PPI-PEMEX building
Newport Beach, Calif. and Houston (January 18, 2017) – Buchanan Street Partners has acquired Sam Houston Crossing II, a 160,000-square-foot office building located at 10344 Sam Houston Park Drive in Houston from Duke Realty for an undisclosed price. This is Buchanan Street’s sixth acquisition in Texas in the last 24 months.

The Future Of The Private-Lending Space

Two white Adirondack chairs on a wooden dock overlooking a misty body of water
NEWPORT BEACH, CA—The CRE finance market is watching to see whether the Trump administration will advocate changes to Dodd-Frank and how those changes could impact the securitization and banking side of the market, Buchanan Street’s Matt Doerr tells GlobeSt.com. The commercial real estate finance market is watching to see whether the Trump administration will advocate changes to Dodd-Frank and how those changes could impact the securitization and banking side of the market, Buchanan Street Partners VP Matt Doerr tells GlobeSt.com.

UCI Real Estate Luncheon Celebrates Leaders

Four men at UCI Real Estate Luncheon, holding awards
IRVINE, CA—The Center for Real Estate at UCI’s Paul Merage School of Business paid tribute to four of the top leaders in the real estate industry at a recent awards luncheon and presentation of the lifetime achievement award at the Hotel Irvine here. The luncheon was sponsored by FivePoint, a California-based community real estate development company, and Kennedy Wilson, a global real estate investment company; more than 500 guests attended the celebration. Among the honorees were Douglas C. Neff, partner/president at IHP Capital Partners, who was presented with the 2016 Lifetime Achievement Award. According to long-time friend John Duncan, “Doug is one of the brightest people any of us know.

Buchanan Street Finances Shopoff Project

Buchanan Street Finances Shopoff Project aerial view of coastal refinery and residential development
Buchanan Street Partners in Newport Beach has provided a $16 million loan to refinance 21845 Magnolia St., a 29-acre industrial facility in Huntington Beach recently bought by subsidiaries of Shopoff Realty Investments. Buchanan Street financed roughly 50 percent of the acquisition cost, according to a statement. Shopoff is planning a large-scale mixed-use development at the site to include single-family homes, townhomes and open space as well as hotel, commercial and retail components. Buchanan Street’s nonrecourse first mortgage provides Shopoff new capital to support the pursuit of entitlements for the master-planned development.

Buchanan Street Partners Provides $16 Million Land Loan To Refinance Coastal Redevelopment In Huntington Beach

Aerial view of coastal redevelopment in Huntington Beach with oil tanks and wetlands.
Newport Beach, Calif. (November 10, 2016) – Buchanan Street Partners has provided a $16 million loan to refinance 21845 Magnolia Street, a 29‑acre industrial facility in Huntington Beach, California recently purchased by subsidiaries of Shopoff Realty Investments. The loan represents the company’s ongoing strategy to provide reliable bridge financing for value-add real estate.

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