In a prepared statement, Wells senior vice president Scott Meadows says Crowe's Crossing "endured perhaps the worst recession in the nation's history," but provided a good cash flow through the life of the Fund. Wells is selling off all of the holdings in its Wells LP Fund I, which the company formed in the late 1980s.
CB Richard Ellis Inc. represented Wells. Infinity chose Spectrum Realty Advisors to manage and lease the property.
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