South Bay Realestate News – Premier Cru Acquires Retail

March 12th, 2010 05:00am

Premier Cru Acquires Retail Portfolio for $4.1M
Premier Cru purchased the Amsterdam Art buildings at 1001,1007 & 1011 University Ave. in Berkeley, CA, from CT Corporation System for $4.1 million, or $127 per square foot.The retail portfolio totals 32,183 square feet. Premier Cru, a wine retailer…
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

In The Pipeline: CoStar Development and Construction News for March 7-13
In this week's edition of In The Pipeline, Forest City's Atlantic Yards mixed-use project is scheduled to finally break ground this week. Meanwhile, another long delayed development project, the Guasti Historic District in Ontario, CA,has begun with…
Randyl Drummer

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