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News / Business / Business Briefs

California investor buys local building for $3.28M

The Columbian
Published: May 25, 2015, 5:00pm

Vancouver — A San Diego investor has purchased a new retail building at 504 N.E. 139th St. in Vancouver for $3.28 million.

The building is fully leased to Starbucks and the Sherwin Williams paint company, both of which have signed 10-year leases, according to a news release from Sperry Van Ness/Bluestone & Hockley, which represented the buyer through investment advisor Kevin Wingate Pearse. The sale closed about one month after the acceptance of a letter of intent.

Jeff Olsen and Alex Maclean of Commercial Realty Advisors Northwest represented the seller.