REDWOOD CITY, CA-Interstate Equities Corp., an investment groupbased in Los Altos, has picked up a four-building portfoliocomprising 84 units in Redwood City for $12.3 million. Thebuildings include 755 Ninth Ave., 775 Ninth Ave., 152 Lincoln Ave.and 180 Buckingham Ave.
The properties were developed in 1964 and 1965. Robert Johnstonand Adam Levin from Marcus & Millichap's Palo Alto officerepresented Carlos Perez, the seller, and Interstate Equities, thebuyer, in the deal, respectively. For the full story, go toSan Francisco Business Times .
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
