TPG Angelo Gordon And Pulte Homes Acquire 30-Acre Development Site In Ontario For $65.14M
Edison Avenue & Hammer Avenue
Development Site
Sold 139 days ago
Summary
Richland Communities has sold a 30-acre development site located at Edison Avenue & Hammer Avenue in Ontario, Inland Empire. The property was acquired by TPG Angelo Gordon and Pulte Homes for a total of $65.14 million. The site is planned for a residential project that will feature 333 units, including townhomes and cluster lots.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $65,140,000
- Address: Edison Avenue & Hammer Avenue
- Market: Ontario
- Asset Type: Development Site
- Acres: 30
The sale transaction involved TPG Angelo Gordon, represented by Josh Baumgarten, as the buyer. Richland Communities, represented by Matt Bray, acted as the seller in the deal.
Details
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Edison Avenue & Hammer Avenue
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