BUSINESSglobal
Praelium Buys 17-Building R&D Portfolio Near Santa Barbara for $235M
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Updated 3 hours ago
First seen March 20, 2026 20:39:01Stay on top of this story
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Quick Summary
Irvine-based investment firm Praelium Commercial Real Estate has acquired a 17-building, 733,497-square-foot office, industrial and R&D portfolio in Goleta, Calif., just west of Santa Barbara, for $235 million, according to PropertyShark records. Majestic Asset Management sold the properties as part of a recapitalization sale, and Blackbird Investment Group, and H.I.G. Capital were also involved in […]