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