ANAHEIM, CA-GlobeSt.com has learned exclusively thatVivere Apartments at 1331 East KatellaAve. in the “Platinum Triangle” here, isnow open for preview leasing. The complex wasrecently acquired from Macquarie Bank by apartnership between Urban Partners LLC andAREA Property Partners.
Composed of loft, one- and two-bedroom units, themultifamily property features light-filled,contemporary urban architecture. The Platinum Triangle is amixed-use master-planned development that will encompassAngel Stadium, Honda Center, the Grove ofAnaheim, 18,000 new dwelling units and 22.5 million squarefeet of commercial space.
The Vivere property also includes 3.3 acres for an additional244 units, to be developed by Urban Partners beginning inthird-quarter 2013. “In addition to our acquisition of the existingbuilding, AREA Property Partners and Urban Partners will create anexciting new multifamily asset,” said Richard J.Mack, North America CEO of AREA, in a preparedstatement.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
