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Inland Empire Multifamily Asset Sells for $88MM

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COLTON, Calif., April 9, 2021 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of District at Grand Terrace, a 352-unit multifamily property in Colton, California. The property sold for $88 million, or $250,000 per unit. “Multifamily asset performance in the Inland Empire has been very strong, […]

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