Friday, April 24, 2009

SCR Purchases Curlee Building

SCR Investments has purchased the 84,000 sf Curlee Building at 1001 Washington from Pyramid Construction for $7.2 million ($86 psf).

The building is 76 percent leased, with Mosaic restaurant on the ground floor, and office tenants that include Phoenix Creative and William B. Ittner Architects.

SCR is led by Stacy Hastie, chairman and CEO of Environmental Operations Inc.  SCR also owns One City Centre, taking over the building after Pyramid defaulted on a $7 million loan from SCR.

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