Joint venture dumps Tustin Commons

Asset sold for well above purchase price
Published on Feb 14, 2006

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by CareyBot

Broadreach Capital Partners and joint venture partner Stonewood Properties have sold Tustin Commons, a 200,000-square-foot suburban office complex in Tustin, Calif. The value of the transaction was $54.5 million. New York-based Real Estate Capital Partners, on behalf of American Fund ...