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Real Estate/Development

Feb. 19, 2017

CBRE closes sale residential, retail property for $14.75 million

CBRE Group Inc. announced the sale of Structure Lofts, a 25-unit luxury apartment complex in San Diego's Hillcrest submarket, for $14.75 million to Structure LP.

CBRE Group Inc. announced the sale of Structure Lofts, a 25-unit luxury apartment complex in San Diego's Hillcrest submarket, for $14.75 million to Structure LP.

CBRE multifamily specialists Eric Comer, Jim Neil and Merrick Matricardi represented the seller, Balboa Phase I LLC, with San Diego-based Hammer Commercial Ventures LLC as a managing member. The seller is a local real estate development and investment firm. The San Diego-based buyer, Structure LP, represented themselves.

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