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Karlin Buys Nearly 1M SF in Four Deals

LOS ANGELES-The L.A.-based company acquires a suburban office park, a mixed-use office-retail center a retail pad site and a grocery-anchored center in four markets.

By Bob Howard | Updated on October 19, 2011

LOS ANGELES-Karlin Real Estate has acquired a commercial office campus in Sacramento, a mixed use property in Oregon, a retail pad site in Las Vegas and a grocery-anchored retail center in Scottsdale, AZ, according to managing director Matthew Schwab of the Los Angeles-based company. Karlin bought the properties in four separate transactions.

The largest of the four deals was Capital Center, a 531,000-square-foot office campus in the Sacramento suburb of Rancho Cordova that Karlin acquired from DL Capital Center LP in a lender-facilitated sale. One of the largest suburban office parks in the Sacramento area, the 47-acre Capital Center is within Prospect Park, a master-planned business park in the Highway 50 Corridor, the largest submarket in the Sacramento metro area.

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