LA MESA, CA-Colliers International has closed the sale of an apartment complex in La Mesa. Monroe Trust, Blue Corner Capital and Jim Purdy have sold The Palms of La Mesa, a 78-unit apartment community situated on Mohawk Street, for $7.7 million.
A limited liability company, called The Palms of La Mesa Apartments, was the buyer. The multifamily property comprises two adjacent parcels of 40 units and 38 units. Colliers International negotiated the deal on behalf of both parties. For the full story, go to The San Diego Metropolitan .
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