Multifamily complexes sell in San Diego

Mother-daughter team sells neighboring projects to a single buyer

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Grubb & Ellis/BRE Commercial negotiated the sale of Delta Village and Villa Serena, apartment complexes totaling 108 units on Delta Street in San Diego's Southcrest community. The value of the transaction was $12.2 million. Delta Village, located at 4352-4268 Delta St., was sold for $8.1 million, while Villa Serena at 4316-4322 Delta St. sold for $4.1 million. Grubb & Ellis...