Commonwealth Square Sells for $38.5 Million

RE Business Online

FOLSOM, CALIF. - Doerken Properties has acquired Commonwealth Square, a 141,310-square-foot neighborhood shopping center in Folsom, for $38.5 million. Tenants include Raley's Supermarket, Hollywood Video, Century 21, H&R Block and Papa Murphy's Pizza. Irvine, Calif.-based REZA Investment Group brokered the transaction.