BRENTWOOD, CA– Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has the exclusive listing for Town Centre Commons (top left photo), a 137-unit multifamily property located in Brentwood, a city in the San Francisco Bay Area.
Brandon Geraldo (middle right photo), a multifamily property investment specialist in Marcus & Millichap’s San Francisco office, is representing the seller.
“Strong apartment rent growth in San Francisco and parts of the South Bay continue to support renter migration to the East Bay,” says Geraldo. “Brentwood is a fast-growing community that is continuing its transformation from a primarily agricultural area into a well-balanced residential Contra Costa County suburb of the greater Bay Area.”
“Town Centre Commons is one of just four apartment communities greater than 100 units in Brentwood and it is the largest market-rate multifamily community in the city,” adds Geraldo.
The 114,080-square foot property is located on 7.3 acres at 1275 Central Blvd., near downtown Brentwood.
Town Centre Commons consists of 13 two-story buildings. Nine buildings with 94 total units were constructed in 1991 with stucco exteriors and pitched composition roofs. In 1996, an additional 43 units were developed featuring high-end condo-style finishes.
The property offers nine unique floor plans, including studio, one-, two- and three-bedroom homes averaging 832 square feet. The living spaces feature private patios or balconies, central heating and air conditioning, gas ranges or all-electric kitchens, individual water heaters, garbage disposals, dishwashers and refrigerators.
Ample parking for residents and guests is provided by 137 carport spaces and 132 open parking spaces.
Contact: Stacey Corso, Public Relations Manager, (925) 953-1716
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