NEWPORT BEACH, Calif., Oct. 13, 2020 /PRNewswire/ -- Real estate investment firm Cress Capital today announced the sale of an office building in Tustin, Calif., by one of its affiliates. Cress was represented by Anthony DeLorenzo of CBRE while the buyer, Padma Laxmi, LLC, was represented by Richard Schwartz of Colliers and Jim DeRegt of Lee & Associates. Built in 1979, the two-story property located at 2742 [...]
Citing its central location between Los Angeles and Orange counties, Newport Beach-based Cress Capital has acquired a portfolio of five Class-A office buildings totaling nearly 462K SF in Cerritos for $89.5M Read more at: https://www.bisnow.com/orange-county/news/office/orange-county-based-cress-capital-looks-to-capitalize-on-underappreciated-cerritos-with-89m-office-portfolio-acquisition-91718?utm_source=CopyShare&utm_medium=Browser
With the $89.5 million purchase of a five-building Class A office portfolio in Cerritos, the Newport Beach-based company has made its fourth significant acquisition in the past 18 months.
Cress Capital snaps up five-building package at Cerritos Towne Centre
Cress Capital, a Newport Beach-based private equity firm, has purchased a portfolio of five office buildings totaling nearly 462,000 square feet at Cerritos Towne Centre for $89.5 million from Principal Real Estate Investors, a Des Moines, Iowa-based limited liability company.
Cress Capital, a commercial real estate investment firm, today announced the acquisition of five Class A office buildings totaling 461,920 sq. ft. in Cerritos, Calif.
A commercial real estate investment company that’s acquired nearly $100 million in Colorado assets in the last 12 months now owns Orchard Pointe, a prominent Class A office building in the Denver Tech Center.
Commercial Real Estate Investment Firm Cress Capital, in partnership with Revesco Properties, today announced the purchase of Orchard Pointe, a 120,873 square-foot, multi-tenant office building in Greenwood Village, Colo. in the Denver Technology Center (DTC), from TA Realty.
Acquires 210,000 sq. ft. Union Tower in Lakewood for $25.25 Million in Off-Market Transaction from TA Realty
Cress Capital has acquired Union Tower, a 210,000-square-foot office building in Lakewood, Colo., a suburb of Denver, for $25.2 million. TA Realty sold the property in an off-market deal.
