SUNNYVALE, CA—Arroyo & Company acted asadviser to a joint venture of Sack Properties and BRIDGEUrban Infill Land Development (BUILD) in the dispositionof Citra Silicon Valley, a 147-unit garden-stylemultifamily community located in Sunnyvale.

The property was acquired by a Pacific UrbanResidential-sponsored joint venture for an undisclosed sum.Originally constructed in 1968, Citra Silicon Valley comprises 147units in four buildings surrounding central courtyards. Theproperty features unusually extensive and forward-looking commonarea amenity spaces, including an expansive pool deck, a largepool-adjacent clubhouse, a library and media room, and a residentfitness center featuring full locker rooms and private saunas.

Citra is located in central Silicon Valley on the Sunnyvale /Mountain View border at the northwest corner of South BernardoAvenue and Brookfield Avenue in Sunnyvale, near the intersection ofmajor Silicon Valley arteries El Camino Real, CA-85, and CA-237,and in Sunnyvale's only zip code (94087) to register a median homeprice above one million dollars.