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Praelium Buys 17-Building R&D Portfolio Near Santa Barbara for $235M

Irvine-based investment firm Praelium Commercial Real Estate has acquired a 17-building, 733,497-square-foot office, industrial and R&D portfolio in Goleta, Calif., just west of Santa Barbara, for $23

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Summary

Irvine-based investment firm Praelium Commercial Real Estate has acquired a 17-building, 733,497-square-foot office, industrial and R&D portfolio in Goleta, Calif.

, just west of Santa Barbara, for $235 million, according to PropertyShark records.

Majestic Asset Management sold the properties as part of a recapitalization sale, and Blackbird Investment Group, and H.I.G. Capital were also involved in […]

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