TIC investors snag SoCal shopping center

Property acquired via 1031 exchanges
Published on Nov 18, 2004

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by CareyBot

SCI Real Estate Investments, in conjunction with eight tenant-in-common investors, purchased the approximately 88,839-square-foot Country Village Shopping Center in Rancho Cucamonga, Calif. The value of the transaction was approximately $16.9 million. The buyers are facilitating the deal via 1031 exchanges. ...