Buchannan Street Partners Expands Office Portfolio

The firm acquired a class-A, two-building, 159,092-square-foot office campus in Ontario for $38.6 million.

Buchannan Street Partners has acquired a class-A, two-building, 159,092-square-foot office campus in Ontario for $38.6 million.

Located at 3110 and 3200 E. Guasti Road, the property was built in 2005 and 2007 respectively. The five-story, 91,357-square-foot 3110 building is called University Plaza and is situated on 6.54 acres. The three-story, 67,735-square-foot 3200 building is called Waterside Center I and is situated on a .67-acre parcel.

NKF’s co-head of U.S. capital markets Kevin Shannon, executive managing directors Brunson Howard, Ken White and Paul Jones, and managing director Rick Stumm represented the seller, Buchannan Street Partners. The buyer, MGR Real Estate Inc., was self-represented.