SSR Realty Purchases Pasadena Apartments

SSR Realty Advisors Inc.’s Tower Fund bought the Arpeggio, a newly completed, 135-unit apartment complex in downtown Pasadena, for $25.3 million from SNK Peabody Pasadena. The buyer and the seller represented themselves.

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Donald T. Sterling, trustee of the Sterling Family Trust, bought the 20-story, 236-unit Mark Wilshire Apartments in Los Angeles from Mark Wilshire Associates for $22 million. The buyer and the seller were represented by David Kaufman and Richard Ringer of Marcus & Millichap.

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CTG Properties bought a 281,548-square-foot industrial building in Anaheim from DeRegt Development for $20 million. Patrick Delaney of Lee & Associates represented the buyer. The seller was represented by Jim DeRegt, also of Lee.

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Tenet Healthcare Corp. signed a 10-year, $11.3-million lease for 33,500 square feet of office space in Brentwood. Jeff Pion and Deron White of CB Richard Ellis represented the landlord, Los Angeles-based Lowe Enterprises. The tenant was represented by Greg Johnson of Daum Commercial Real Estate.

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EOfficesSuites, which specializes in offices for entertainment and technology tenants, bought a 50,000-square-foot office building in Beverly Hills for $9.5 million from a court-appointed receiver. The seller was represented by Jeff Resnick of First Property. The buyer was represented by Tony Dorn of Beitler Commercial Realty Services.

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OrePac Building Products of Wilsonville, Ore., signed a 12-year, $7-million lease for 157,318 square feet of distribution space in Ontario. Ted Carpenter of Carpenter & Associates represented the tenant and the landlord, Oltmans Investment Co. of Whittier.