1980s condo complex sells in the O.C.

In-state buyer seals deal

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Marcus & Millichap arranged the sale of the 100,278-square-foot Colony Park Condominium apartments in Azusa, Calif. The value of the transaction was $22 million. Colony Park Condominium Apartments is located at 777 South Citrus Ave. The property was built in 1988 and is situated on 4 acres. A private investor sold the property to a California-based investment group. Encino, Calif.-based Marcus & Millichap is a commercial real estate brokerage operating nationwide. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com....