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LEWISVILLE, TEXAS — PCCP LLC has acquired 121 Lakepointe Crossing, a three-building, 1.2 million-square-foot industrial property located in Lewisville, for $29.9 million. PCCP acquired the Class A asset from Opus West through the U.S. Bankruptcy Court. The property is currently 65 percent leased to four tenants. The acquisition was made on behalf of California Smart Growth Fund IV, PCCP's $746 million investment fund.