Atlanta-based real estate investment trust Wells REIT acquired the 133,453-square-foot office building at 675 Placentia Ave. in Brea, CA. The Class-A building sold for $25.6 million, more than $191 per square foot. The cap rate was 7.7 percent.
Atlanta-based real estate investment trust Wells REIT acquired the 133,453-square-foot office building at 675 Placentia Ave. in Brea, CA. The Class-A building sold for $25.6 million, more than $191 per square foot. The cap rate was 7.7 percent.
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675 Placentia Ave, Brea, CA