PREF Artisan, an affiliate of the San Diego-based Paragon Real Estate Fund, has acquired the Shops at The Artisan from Decatur Partners for an undisclosed sum. The property is located at 201 W. Ponce de Leon Avenue in downtown Decatur, a dense, affluent neighborhood in Atlanta. The 11,000-square-foot building was constructed in 2006 and was 100% leased at the time of sale to three national and regional tenants. This transaction represents Paragon’s third acquisition in the Atlanta market since 2014.

Paragon is a privately-held real estate investment company, led by Messrs. Roberto Jinich, Ricardo Jinich and Dan Berkus. The Firm manages a growing portfolio of stabilized assets through its flagship fund, Paragon Real Estate Fund. The Fund seeks to acquire high quality urban retail and mixed-use real estate throughout the United States.

PREF Commerce, an affiliate of the San Diego-based Paragon Real Estate Fund, has acquired the Louis Bank of Commerce Building at 835 Fifth Avenue, located in San Diego’s Gaslamp Quarter. The historic, four-story building has approximately 22,000 square feet of retail and office space, and features stunning Victorian Baroque Revival architecture with an equally colorful history.

Pre-built on the East Coast and shipped around Cape Horn to San Diego, the structure was erected in its current location in 1888. According to the Gaslamp Quarter Historical Foundation, it originally housed the Bank of Commerce until 1893 when Isidor Louis opened Maison Doree, an oyster bar that became a favorite of Wyatt Earp. The upper floors later became the Golden Poppy Hotel, run by fortune teller Madame Cora.
Paragon is a privately-held real estate investment company, led by Messrs. Roberto Jinich, Ricardo Jinich and Dan Berkus. The Firm manages a growing portfolio of stabilized assets through its flagship fund, Paragon Real Estate Fund. The Fund seeks to acquire high quality urban retail and mixed-use real estate in the U.S.

PREF 580 Market LLC, an affiliate of San Diego-based Paragon Real Estate Fund, has acquired the office and retail building located at 576-580 Market Street in downtown San Francisco.  This is Paragon’s first foray in the San Francisco market. Read more!

PREF Glenridge LLC, an affiliate of San Diego-based Paragon Real Estate Fund, has purchased the retail portion of the mixed-use Glenridge Springs residential development near Atlanta for $6.4 million. Read more!

PREF Heritage LLC, an affiliate of Paragon, has acquired the retail portion of Heritage Town Center in Chula Vista for an undisclosed amount. Read more!

Paragon has purchased the retail portion of the Pasadena Collection, a mixed-use residential and commercial development in Pasadena, California.
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