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