California Prospect Place LLC

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ABOUT THIS PROJECT

California Prospect Place LLC is a ground-up multi-tenant office. It’s a 2 story project with under ground parking.

PROPERTY FEATURES

  • Ground up multi-tenant office development project built by Badiee
  • Property was returned to the bank due to non-recourse loan and tenant departureProperty was refinanced for $5,675,000 in 2006
  • Loan balance when returned to bank was approximately $5.0 million
  • IRR assumes cash yield of 8% per year

LOCATION

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