REIT builds SoCal multifamily portfolio

Property fetches massive sale price
Published on Aug 10, 2005

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by CareyBot

Grubb & Ellis Co. represented BRE Properties Inc., a San Francisco-based multifamily REIT, in the purchase of Mission Grove Park, a 432-unit apartment complex in Riverside, Calif. The transaction was valued at $75.8 million. The 31-building frame/stucco complex is located ...