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EL CAJON, CA-Trustees of The Styn Family Trust pay $2.8 million to The Hillgren Family Trust for the multifamily property. Known as Mollison El Dorado, the complex is located at 390 S. Mollison Ave. in El Cajon.
WOODBRIDGE, NJ-The two separate transactions involve a combined 74 units in the cities of Highland Park and Trenton, with both involving longtime clients of the broker.
LOS ANGELES-The LA-based developer-owner of the 13-year-old apartments, with monthly rents ranging from $925 to $1,450, sells to a Los Angeles investor. Built in 1991, the 17-unit complex was fully occupied at closing time.
ORLANDO-Apopka Regional Center LLC, a private investor group from Garden City, NJ, pays Zapolski & Rudd $70.18 per sf for the 17-year-old, 171,000-sf property in suburban Apopka, FL, 15 miles northwest of Downtown Orlando.
RICHMOND, VA-Eager investors can get in on the ground floor of a new real estate investment fund launched by Queenswood Partners LP. The fund will focus on properties that range in price from $1 million to $5 million.
VANCOUVER, B.C.-British Columbia edges out Pyeongchang, South Korea and becomes the largest metropolitan area selected to host a Winter games. Organizers have a budget of $2 billion, in part to develop new venues for the event.
CHICAGO-Unique program gives the opportunity for middle-income families to buy affordable condos in an area of town where gentrification is slow and not welcomed by all.
BOSTON-The controversial Columbus Center Project got a huge boost after state environmental officials gave their seal of approval for the $400 million project that will rise above the Massachusetts Turnpike.
DETROIT-Grubb and Ellis arranged two leases in the Downriver area including Experiencia's lease of 20,700 sf in Taylor and All Sport Therapy's lease of 2,500 sf in Brownstown.