Property

The $17,000,000 acquisition of a 80,000 sf shopping center located in Upland, CA.  The property was 80% occupied at the time of acquisition.

Location

Upland, CA

Financing

An $8,000,000 joint venture equity investment made by an institutional investment management firm.  The investment represented 90% of the required equity.  This was the 2nd investment made by the equity partner with this Orange County based sponsor.