Article: Cal Fed Income Partners acquires two California shopping centers. (Best Plaza Shopping Center, Bristol Place Shopping Center)

CAL FED INCOME PARTNERS ACQUIRES

TWO CALIFORNIA SHOPPING CENTERS

LOS ANGELES, Oct. 19 /PRNewswire/ -- Cal Fed Income Partners L.P. (NYSE: CFI), a Los Angeles-based master limited partnership, today announced that it has acquired Best Plaza Shopping Center in Pleasanton, Calif., for $12 million and Bristol Place Shopping Center in Santa Ana, Calif., for $16.4 million.

Best Plaza, located on a 14-acre site at the highly visible intersection of highways I-580 and I-680, contains 140,000 square feet and is 94 percent leased.

R. Craig Overturf, chief executive officer of Cal Fed Investment Management Corp., the general ...

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