JOINT VENTURE ACQUIRES INDUSTRIAL PROJECT FOR $25.29 MILLION

by admin

POWAY, CALIF. — Strategic Capital Partners through its fund, Strategic Partners Value Enhancement Fund I, has joined with a partnership sponsored by Vancouver, Canada-based Emri Group to acquire a 144,000-square-foot research and development building in Poway. The Class A property sold for $25.29 million. The seller, ResMed Inc., will lease the entire building until June 2009.

You may also like