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SANTA ROSA, CALIF. — Appian Capital and Presidio Development Partners LLC have acquired the 70,000-square-foot Parkpoint Business Center, a five-building office complex located just west of downtown Santa Rosa, the largest city in Northern California’s “Wine Country.” With plans to renovate the property’s outdoor common areas, building exteriors and signage, the joint venture will market the individual buildings, located within the Santa Rosa Business Park, to both owner/users and as leased investments. Cushman & Wakefield represented CW Capital, the seller of the 60 percent-leased property and loan servicer that foreclosed on the property in June 2010.