PLEASANTON, CA-Embarcadero Capital Partners has paid $9.6million for a foreclosed office complex situated in Pleasanton. Thefirm has bought Las Positas Office Plaza, a 105,000 square-footbuilding, at 5976 to 5994 W. Las Positas Blvd. from LincolnFinancial Group who took control over the property through aforeclosure.
Knute Bucklew, Rick Steffens and Steve Golubchik of Grubb &Ellis represented the seller and the buyer represented itself inthe transaction. For the full story, go to San Francisco Business Times.
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