Article courtesy of Yieldpro
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Lakes, a three-story, 102-unit garden-style multifamily asset in Concord, California. The property sold for $26.8 million. Adam Levin and Robert Johnston represented the seller, a real estate investment company and procured the buyer, a prominent local Bay Area family trust.