SAN DIEGO, May 1 /PRNewswire-FirstCall/ -- Burnham Pacific Properties,
Inc. (NYSE: BPP) today announced that it has closed on the sale of
West Lancaster Plaza-Phase III, a portion of the approximate 160,000 square
foot West Lancaster Plaza, located in Lancaster, California. The Company sold
its 29,000 square foot interest in the center for approximately $1.6 million
to Safah Capital, LLC, a California limited liability company.
Burnham Pacific Properties, Inc. is a real estate investment trust (REIT)
that focuses on retail real estate. More information on Burnham may be
obtained by visiting the Company's web site at http://www.burnhampacific.com .
SOURCE Burnham Pacific Properties, Inc.
back to top
Related links: http://www.burnhampacific.com
CONTACT: Daniel B. Platt, Chief Financial Officer of Burnham Pacific Properties, Inc., +1-619-652-4700, fax +1-619-652-4711, dbplatt@bpac.com
|