Intersection Equities, LLC and Blue Vista Capital Management, LLC recently joined forces to acquire Riverside Business Park in Jurupa Valley for $19.5 million. The 122,000-square-foot industrial park provides a unique value-add opportunity with its strategic location west of Denver. Eric DeWees, Senior Director of Acquisitions at Intersection noted that they purchased the property at a substantial discount to replacement cost and plan on making capital improvements focused on increasing appeal for current and prospective tenants alike.
Barret Woods from Lee & Associates represented the seller Transition Properties L.P., while Stefan Pastor from Stream Realty acted as representative for Intersection and Blue Vista during negotiations
“Owner of Hollywood Office Purchases Adjacent Property”
The property at 747 Seward St. in Hollywood has been purchased by Brian Ballard, founder of bipartisan lobbying and PR