NEWPORT BEACH, Calif. – CBRE announced the sale of an eight-unit multifamily property in Bellflower, Calif., on behalf of a private 1031 exchange buyer from Newport Beach. The selling price of $2,004,000 represents $250,500 per unit and $263 per square foot. CBRE’s Executive Vice President Dan Blackwell and Vice President Sean Farag represented the buyer, […]
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