STOS PARTNERS IN A JOINT VENTURE ACQUIRES SAN DIEGO PORTFOLIO
Newly formed RAF Pacifica Group has acquired a 16-building, 277k SF San Diego County industrial portfolio. Though the acquisition price was not disclosed, the firm’s $19.6M loan was leveraged at 50%, according to the company. This was RAF Pacifica’s first acquisition. The portfolio includes six quality, tenant-diversified, full-occupancy, multi-tenant business parks. Based on each project’s multi-tenant structure,…
read more