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Group Acquires Lake Forest Industrial in $10M Sale/Leaseback

Simpatica Circle Building Sale Represents Upleg in 1031 Exchange for Investor
By Joshua Ohl
January 30, 2007 | 1:32 P.M.

Bixby Simpatica Acquisition LLC purchased the 61,622-square-foot industrial building at 26776 Simpatica Circle in Lake Forest from Enterprise Partnership GP for $10 million, or about $162.50 per square foot. The capitalization rate was 6.2%.

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