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ARCADIA, CALIF. — Positive Investments has acquired Towne Centre Office Building, an 83,250-square-foot office building in Arcadia, for $25.6 million. The eight-story building is located at 150 N. Santa Anita Ave.
The asset is 97 percent leased. Bank of America anchors the property, which was built in 1972.
Mark Evanoff and Andrew Berk of Avison Young represented the seller, a San Francisco-based family trust, in this transaction. The buyer represented itself.