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Levin Johnston of Marcus and Millichap has closed six multifamily transactions in the Bay Area totaling more than $19 million. The closed transactions include the following:
454 Paula Ct., Santa Clara – $4.1 million
360 Chiquita Ave., Mountain View – $3.9 million
1150 Greenwood Ave., San Carlos – $3.51 million
317 Elm St., San Mateo – $2.75 million
903 Adams St., Redwood City (pictured) – nearly $2.6 million
3719 Emerson St., Oakland – $2 million
“The Bay Area provides investors a broad scope of exceptional opportunities for long-term investments with strong fundamentals,” said Robert Johnston, senior managing director of Levin Johnston. “Even within a high interest rate environment, we were able to achieve valuable returns for our clients in a region that propositions further value-add potential and the ability to achieve steady returns for years to come.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
Levin Johnston Team Completes Six Bay Area Deals
Levin Johnston Team Completes Six Bay Area Deals
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California CRE News In Your Inbox.
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California
+ Bay Area
+ Apartments
|
June 30, 2023
Levin Johnston of Marcus and Millichap has closed six multifamily transactions in the Bay Area totaling more than $19 million. The closed transactions include the following:
“The Bay Area provides investors a broad scope of exceptional opportunities for long-term investments with strong fundamentals,” said Robert Johnston, senior managing director of Levin Johnston. “Even within a high interest rate environment, we were able to achieve valuable returns for our clients in a region that propositions further value-add potential and the ability to achieve steady returns for years to come.”
Inside The Story
About Paul Bubny
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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