MGR Real Estate has paid $91.5 million, or $165.46/sf, for Canvas Costa Mesa, a 553,000-square-foot office property in Costa Mesa, Calif. The Ontario, Calif., investor funded its purchase with a $55 million loan from Hankey Capital of Los Angeles. The loan was arranged by Newmark. Canvas Costa Mesa, at 3070 to 3150 Bristol St., had […]

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