389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
The property is net leased to Avnet Inc., a distributor of high-tech products.
The property includes about 20,000 sf of office space that is fully occupied. Its retail component is 87 percent leased.
Trammell Crow Residential was the project's original developer, and in 2007 it borrowed $38.8 million of construction financing from iStar. IStar would later take the property through foreclosure and finish its development.
95 percent pre-leased. The property's name will be changed to University House.
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