Submarket tightness has resulted in Asia Cabinetry Inc. not only staying put in a renewal but also expanding its headquarters location to 41,458 square feet at 7875 Northcourt Rd.

Harbor Group International paid a total of $64 million for the 314-unit garden apartment property, according to Berkadia, which arranged the acquisition loan from a major insurance company for the buyer.

The sponsor, a local family which has owned the property for nearly 50 years, completed a master plan in 2014 that called for the removal of RV tenants in order to completely transform the property into a tiny home community.

Investor Management Services and RealCrowd are teaming up to meet the growing needs of both firms' respective clients through a targeted partnership, GlobeSt.com learns in this <b>EXCLUSIVE</b>.