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Wednesday, March 27, 2013

Heritage Court Sells for $4.8M

Capstone Advisors, Inc. purchased the Heritage Court shopping center at 44100 Jefferson St. in Indio, CA for $4.75 million from Sabal Financial Group LP. Built in 2006, the portion that sold includes a retail center with 41,478 square feet and two unimproved pad sites, providing the buyer future development opportunity. The improved portion was approximately 40 percent vacant at the close of escrow. Shaun Riley and Dennis Vaccaro of Faris...



via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Heritage-Court-Sells-for-$48M/146896?ref=/News/Article/Heritage-Court-Sells-for-$48M/146896&src=rss

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