South Bay Real Estate News – WHIZZ Systems Acquires Santa

March 7th, 2010 07:00am

WHIZZ Systems Acquires Santa Clara Flex for $4.4M
WHIZZ Systems purchased the flex facility at 3240 Scott Blvd. in Santa Clara, CA, from Lowe Enterprises for $4.47 million, or $100 per square foot.The 44,685-square-foot flex facility was constructed in 1974 in the Oakmead Park submarket. It sits…
Aaron James Bankhurst

Bank Watch: Pacific Western Bank Sells $324 Mil. of Impaired Loans
Pacific Western Bank in San Diego, CA, sold 61 non-covered adversely classified loans totaling $323.6 million, which includes $107.6 million of nonaccrual loans, to an institutional buyer for $200.6 million in cash – or about 62 cents on the dollar.Among…
Mark Heschmeyer

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