Harbor Associates, in a joint venture with Farallon Capital Management and Bascom Group, has acquired the Yorba Linda Commerce Center, a 280,000 SF small-bay, multi-tenant industrial campus in Yorba Linda, California for $81 million in an off-market transaction.Located at 3910 Prospect Avenue, the 16.5-acre, 1987-built property comprises 10 buildings with 83 industrial units ranging from 1,200 to 24,000 SF and was 98% leased at closing. CBRE’s Shaun Moothart, Bob Ybarra, and Andrew Post arranged a $56.3 million acquisition loan through an affiliate of QuadReal Property Group.
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