Levin Johnston Completes Sale of Two Bay Area Multifamily Communities With Execution of Strategic 1031 Exchange 373 262 Levin Johnston | Commercial Real Estate Advisors

Levin Johnston Completes Sale of Two Bay Area Multifamily Communities With Execution of Strategic 1031 Exchange

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, recently sold two multifamily assets in the Bay Area: Leigh Court, an 18-unit multifamily community in San Jose, California and 1 Devonshire, a 15-unit multifamily property in the San Francisco Peninsula submarket of San Carlos, California.

With these sales, the brokerage team facilitated a strategic 1031 exchange on behalf of the investor who sold Leigh Court and acquired 1 Devonshire, according to Levin Johnston’s Executive Managing Director Adam Levin and Senior Managing Director Robert Johnston – who were both recently recognized by CoStar Group, Inc. as Power Broker Award recipients.

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