Nuveen Sells Redwood City Apartment Property for $88.65MM

REDWOOD CITY, Calif., Oct. 2, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Township Apartments, a 132-unit apartment asset in Redwood City, California. The sales price is $88.65 million, or $671,591 per unit and $735 per square foot. “Township Apartments is a transit-oriented, pedestrian-friendly luxurycommunity located in Redwood City’s vibrant […]