Pacific Urban Investors Acquires Multifamily Property From Jackson Square Properties For $82M

Located at 440 East H Street in Chula Vista, the multifamily property was recently sold for $82,000,000. This asset comprises 233 units with a price per unit of $351,931. Spanning 183,450 square feet, the property was sold at a price per square foot of $447.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $82,000,000
• Units: 233
• Price Per Unit: $351,931
• Square Footage: 183,450
• Price Per Square Foot: $447
• Address: 440 East H Street
• Market: Chula Vista

Rachel Parsons, Derrek Ostrzyzek, and Mike Murphy from Berkadia facilitated the deal between the buyer, Pacific Urban Investors, and the seller, Jackson Square Properties. These brokers played a crucial role in ensuring the successful transaction of the multifamily property.