Levin Johnston Featured in RENTV
A local private investor spent $68.25 mil on three acquisitions in the Bay Area. The purchases include a 65.8k sf self-storage facility in Sunnyvale, a 100-unit apartment community also in Sunnyvale, and a 38-unit apartment community in Alameda.
The buyer was represented by Adam Levin and Robert Johnston with Levin Johnston of Marcus and Millichap. The buyer had sold a 170-unit multifamily property earlier this year, with the goal of trading into multiple assets in order to diversify their portfolio and take advantage of 1031 exchange benefits, according to Levin.