ROSEVILLE COMMERCE CENTER

10556 - 10604 Industrial Ave, Roseville, CA 95661

SOLD

Property Overview

KBS Strategic Opportunity REIT completed the purchase of three separate non-performing first mortgage loans below appraised value of collateral. These first mortgage loans are collateralized by separate subsections that together make up the Roseville Commerce Center, as described below.

• Roseville Loan #1: Buildings 1
• Roseville Loan #2: Buildings 4-5
• Roseville Loan #3: Parcels 1-4

The properties securing the mortgages include five office/industrial flex buildings and four parcels of partially improved land. They are located along the east side of Industrial Avenue in Roseville, California, and offer 400 feet of street frontage in one of the premiere industrial markets in the Sacramento area.

Investment at a Glance

  • Location: Roseville, CA
  • Acquisition Date: Sep 10, 2010
  • Purchase Price: $5,849,998
  • Total Rentable Area: 113,341 square feet
  • ROSEVILLE LOAN: #1
  • INVESTMENT TYPE: Non-Performing Mortgage
  • ACQUISITION DATE: September 10, 2010
  • PURCHASE PRICE: $4,026,482
  • ROSEVILLE LOAN: #2
  • INVESTMENT TYPE: Non-Performing Mortgage
  • ACQUISITION DATE: September 10, 2010
  • PURCHASE PRICE: $1,668,990
  • ROSEVILLE LOAN: #3
  • INVESTMENT TYPE: Non-Performing Mortgage
  • ACQUISITION DATE: September 10, 2010
  • PURCHASE PRICE: $154,526

$5,849,998

Total Purchase Price

Class A

Building Class