Commercial Market Update

A few notable transactions: The industrial/flex space at 4690 Longley sold for $3.4 million ($32 p/sf). The Delucchi Lane Apartments sold for $8.3 million ($40k per unit/$54 P/SF) The Saint Mary’s Portfolio of properties sold to Prime Healthcare Services for $32.5 million The 20,000 SF office building at 630-690 Sierra Rose Dr sold for $1.65 Million ($80 P/SF)

Notes:

The multi family market continued to be a hot product around the Midtown and UNR area’s. Every month it seems we see a few multifamily buildings in those two area’s change hands.]]>