Office, industrial portfolio purchased in Arizona

Pacific Coast Capital, Birtcher Anderson partner for deal
Published on Jan 30, 2006

Pacific Coast Capital Partners formed a partnership with San Juan Capistrano, Calif.-based Birtcher Anderson Realty for the acquisition of a five-building office and industrial portfolio located in the metropolitan Phoenix. The value of the transaction was not disclosed. The 272,000-square-foot portfolio was 100 percent occupied at the time of sale and consists of four single-tenant buildings and one multitenant building. Lafayette, Calif.-based Bedford Property Investors sold the assets, which included: 4645 South 35th St., Phoenix - A 71,345-square-foot industrial/showroom building with mezzanine office space leased to Adams Bros Interiors & Cabinets. Built in 1988, the property is situated on 4.6 acres and is located just south of Interstate 10. Phoenix Tech Center, 10232 South 51st St., Phoenix - A 39,280-square-foot R&D building leased to Alliance Medical Corp. Built in 1985, the property is situated on 2.6 acres and is located just west of Interstate 10. 2601 West...

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