LOS ANGELES—Paragon sells the Hawthorne Plaza shopping center for $43 million, the first sale from its joint venture Canyon Partners Real Estate under the Canyon Catalyst Fund.
Paragon Commercial Group Canyon Partners Real Estate Canyon Catalyst Fund Hawthorne Plaza buying the property in early last year Erwin Bucy CJ Osbrink Bryan Ley John Crump HFF Geoff Tranchina JLL© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.
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However, leasing dropped by eight percent.
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Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
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