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UP Province Holding LLC Acquires Development Site In San Gabriel From Chateau Group USA For $125M

Property Image
SOLD
$125,000,000

California

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Development Site
Sold 07/11/2023
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Property Image
SOLD

UP Province Holding LLC Acquires Development Site In San Gabriel From Chateau Group USA For $125M

400 W Valley Blvd San Gabriel, CA 91776, USA

See Similar Deals
Development Site
Sold 07/11/2023

Summary

CALIFORNIA
Asset Type:Development Site
Transaction Type:Sale

A partially completed mixed-use project, Province San Gabriel, located at 400 West Valley Boulevard in San Gabriel, has been sold by Chateau Group USA for $125 million. The buyer of the development site is UP Province Holding LLC. The project includes retail space, residential units, and parking.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $125,000,000
  • Buyer: UP Province Holding LLC
  • Seller: Chateau Group USA
  • Market: San Gabriel

Chateau Group USA, represented by Eric Chen, has successfully closed the sale of the partially completed mixed-use project, Province San Gabriel, to UP Province Holding LLC. The transaction involved a sale price of $125 million. It remains uncertain whether the buyer intends to complete the development, which comprises retail space, residential units, and parking.

Players

SELLER

Details

SOLD
IMAGE: Eric Chen DATE: 07/11/2023 ADDRESS: 400 West Valley Boulevard MARKET: San Gabriel ASSET TYPE: Development Site BUYER: UP Province Holding LLC SELLER: Chateau Group USA - Eric Chen SALE PRICE: $125,000,000 NOTE: Chateau Group USA has sold its partially completed mixed-use project, Province San Gabriel, for $125 million to UP Province Holding LLC. It is uncertain whether the buyer will complete the project, which includes retail space, residential units, and parking.

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