SAN DIEGO, June 14 /PRNewswire-FirstCall/ -- Burnham Pacific Properties,
Inc. (NYSE: BPP) today announced that it has closed on the sale of the
Crenshaw/Imperial Shopping Center, an approximately 158,000 square foot center
located in Inglewood, California. The Company sold the center for
approximately $9,835,000 to Crenshaw Imperial Associates, LLC, a joint venture
between ScanlanKemperBard Companies, an Oregon corporation, and Praedium
Group.
More information on Burnham may be obtained by visiting the Company's web
site at http://www.burnhampacific.com.
SOURCE Burnham Pacific Properties, Inc.
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Related links:
www.burnhampacific.com
CONTACT:
Daniel B. Platt, Chief Financial Officer of
Burnham Pacific Properties, Inc., +1-619-652-4700, or fax,
+1-619-652-4711, or dbplatt@bpac.com
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