Colliers Seeley International arranged the sale of a class A, 294-unit garden-style apartment community in Valencia, Calif.
The value of the transaction was $50 million.
Jefferson at Town Center, adjacent to the Valencia Town Center, provides amenities such as a full-service clubhouse, jogging and biking trails, a 2-acre park, a playground, a sand volleyball court and a resort-style pool. The average unit is 963 square feet.
The owner, JPI, sold the 14.6-acre property to Equity Residential.
Colliers Seeley International Inc. offers commercial real estate services throughout southern California, including Los Angeles, Orange, Riverside, San Bernardino and Ventura counties.
Send a comment or news tip to our newsroom.
Please include the headline of the story.
You have {{data.cm.viewsLeft}} articles left this month.
This content is available to Inman Select subscribers.
Please select an option below.
Please register to access this content.
To continue viewing the content you love, please sign in or create a new account
You have used all of your free pageviews.
Please subscribe to access more content.
Access denied!