Arch Square Sold to AFIAA
March 2, 2015
As we reported in 2011, Douglas Development and McCaffery Interests had teamed to buy the building’s debt from its colorful landlord, Yeni Wong, then converted it to equity out of foreclosure. After a gut-rehab, they fully leased up the first and second floor retail space (to a state-of-the-art Walgreens, as well as Panera Bread and Sports Zone Elite) and the upper floor offices (mainly to Auto Alliance).
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