Harbor Group International & Azure Partners Acquire Multifamily Asset In Santa Clarita For $230.3M

Harbor Group International and Azure Partners have acquired a multifamily property in Santa Clarita, located at 17350 Humphreys Pkwy. The transaction, facilitated by JLL brokers Peter Yorck and Nick Lavin, was completed on 12/28/2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $230,250,000
• Units: 480
• Price Per Unit: $479,687
• Square Footage: 438,226
• Price Per Square Foot: $525
• Address: 17350 Humphreys Pkwy.
• Market: Santa Clarita

The sellers of the property were JPI Development. The acquisition of this multifamily asset by Harbor Group International and Azure Partners marks a significant deal in Santa Clarita's real estate market.