Sale of Galaxy Office Park completed

Double-digit vacancy rate reported at closing

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Transwestern Investment Co. LLC recently announced the acquisition of Galaxy Office Park in Concord, Calif., on behalf of an equity fund. The fund, Aslan Realty Partners III LLC, paid an undisclosed amount for the complex, which comprises 173,000 square feet in two four-story buildings. At the time of sale, the class A property was 89 percent leased. The seller's identity was not disclosed. *** What's your opinion? Leave your comments below or send a letter to the editor. ...