PETALUMA, CA-Investcorp, along with PB&J Acquisitions, has purchased a 14-property mixed-use portfolio in the Northern San Francisco Bay Area for $65 million. The portfolio, which includes office, retail and industrial properties, comprise roughly 840,600 square feet of space.
The seller was RNM Properties. The portfolio, primarily located in Petaluma, contains nine office structures, including 1800 and 2000 S. McDowell, one retail destination and four industrial properties. Investcorp and PB&J are now planning to increase the value of the properties through a leasing program. For the full story, go to Commercial Property Executive .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
