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Thursday, November 20, 2008 Multi-Family
Kenneth Blomsterberg and Jesse Nickerman of the firm's Sacramento office represented both parties in the deal. The property is located at 301 Gibson Dr. and was built in 2003. It sold with a five percent capitalization rate and is comprise of studio, one-, two- and three-bedroom apartments. "The Roseville area has enjoyed tremendous population and job growth in recent years, Venu at Galleria offered the buyer a superior location with solid demographics and the ability to add value," Nickerman said. Earlier this year, Blomsterberg arranged the sale of a single-tenant office building in Reno, Nev. He represented Tanamera Development, LLC, in the transaction. Address: 301 Gibson Dr., Roseville, Calif. Size: 223 units Built: 2003 Filed Under: Multi-Family E-mail this article to a friend | Printer friendly format| DIGG this| Post to del.icio.us Comments on this article
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