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R E Pacific Development

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BUSINESS
June 15, 1993 | JACK SEARLES
In one of the largest commercial and industrial real estate deals in Ventura County history, a Chatsworth-based investment firm has purchased 12 multitenant buildings in Oxnard's Channel Islands Business Center. The price paid by the purchaser, R&E Pacific Development, was not disclosed, but a broker involved in the sale said the properties were listed at an asking price of $6.9 million.
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BUSINESS
June 15, 1993 | JACK SEARLES
In one of the largest commercial and industrial real estate deals in Ventura County history, a Chatsworth-based investment firm has purchased 12 multitenant buildings in Oxnard's Channel Islands Business Center. The price paid by the purchaser, R&E Pacific Development, was not disclosed, but a broker involved in the sale said the properties were listed at an asking price of $6.9 million.
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BUSINESS
August 30, 1994 | Jack Searles
Things are looking up at TOLD Center, a part of Oxnard's Channel Islands Business Center that was taken over by the developer's lender, Wells Fargo Bank. Wells Fargo had taken possession of 25 of Channel Islands' 56 buildings when the development ran into financial problems. TOLD Center, consisting of 12 multi-tenant industrial buildings, was in turn purchased from a Wells Fargo subsidiary in May, 1993, by R & E Pacific Development, a family-owned partnership.
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