Bucksbaum Properties acquires mixed-use property

Bucksbaum Properties has acquired One El Paseo Plaza, a prominent Class-A mixed-use property located in Palm Desert. This acquisition includes both office and restaurant spaces, indicating a strategic expansion of the company's real estate portfolio. The premier nature of the property suggests a focus on high-quality assets in desirable locations. This move aligns with Bucksbaum Properties' growth objectives and its strategy to invest in well-positioned commercial real estate. The transaction is expected to contribute positively to the company's overall asset base and market presence.