WCM's Cory Carlson told GlobeSt.com in an earlier interview thatthe other two buildings at Centra Point office park had a differentlender and "had to be dealt with differently." The one Centra Pointasset WCM will not acquire was sold to another party late lastyear.

When adding in those remaining buildings, Centra Properties willbring in some $130 million for the office park. Located at thenortheast corner of Durango Drive and the I-215 Beltway, the classA office development includes two- and three-story,concrete-and-glass buildings with very little vacancy, amarket-leading rental rate of $2.10 per sf per month, and ahigh-profile list of tenants.

In a separate deal in the Las Vegas market, Birtcher Andersonacquired the five-building, 86,113-sf Charleston Valley Viewbusiness park. The exact amount was undisclosed, but brokersassociated with the deal say it sold for more than $220 per sf at a7.4% cap rate. "Despite uncertainty in the credit markets,fundamentals remain strong, particularly in the Las Vegas market,"says Michael Ross, senior vice president of ColliersInternational's Downtown Los Angeles Office.

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