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.