Friday, January 6, 2017

35-Unit San Diego, CA Apartment Portfolio Sold for $8,700,000

Three Property, 35-Unit Apartment Portfolio, North Park and University Heights Neighborhoods
San Diego, CA

Peter Scepanovic
SAN DIEGO, CA  – Colliers International San Diego Region announces the sale of a three property, 35-unit apartment portfolio located in San Diego’s North Park and University Heights neighborhoods for $8,700,000.

Peter Scepanovic and Corey McHenry of Colliers International San Diego Region’s Multi-Family Advisory Group represented the buyer, a San Diego-based private investor. The seller was a San Diego-based private family trust.

The three properties total 24,064 square feet and are located at 4366-72 & 4374-80 Mississippi Street, 3744 Bancroft Street, and 4534-40 30th Street, San Diego, CA.

“This was a generational sale of a family-owned apartment portfolio to an investor who plans to reposition the properties in the market. As demand and property values remain strong for urban apartments, we will continue to see this trend,” said Peter Scepanovic, Senior Vice President and leader of the Multi-Family Advisory Group at Colliers International San Diego Region.

Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIG) is an industry leading global real estate services company with more than 16,000 skilled professionals operating in 66 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide.

Corey McHenry
Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. 

Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.

For the latest news from Colliers, visit or follow us on Twitter: @Colliers and LinkedIn. To see the latest news on Colliers International in the San Diego Region, follow @Colliers_SD

 For a complete copy of the company’s news release, please contact:

Kenny Moore  |  Associate
C 760 468 0394 

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