SAN FRANCISCO—GlobeSt.com has exclusively learned that the sale of Park Lake Apartments here in Walnut Creek, CA, is a done deal. The 184-unit garden-style multihousing community was sold by Carmel Partners.

The asset, brokered by HFF, was purchased by TIAA-CREF. Park Lake Apartments is located at 100 Park Lake Circle at the intersection of Ygnacio Valley and Bancroft Roads, within a short drive of two Bay Area Rapid Transit System stations and in close proximity to downtown Walnut Creek. 

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