San Rafael commercial complex bought by investment family
By Janis Mara
Margarita Plaza, an office center near the Terra Linda exit off Highway 101, has just become a family affair with its purchase by two Bay Area siblings and their East Coast father.
The 30,000-square-foot plaza, with tenants including Allstate, LJ’s Deli and the Marin Association of Realtors, was purchased in December by Lisa Whitescarver, a former equity partner with real estate investment firm Hines, her brother Erik Burke and their father, Coleman Burke.
Whitescarver and her brother declined to give the sales price, which was not publicly available from the Marin County assessor’s division. The property at 36 Mitchell Blvd. was advertised for sale by Cassidy/Turley for $6.5 million.
Read Entire Article: Marin IJ
