Tesoro Apartment Homes in Redlands Sells for $27.7M

by Nellie Day

REDLANDS, CALIF. — An unnamed buyer has purchased the 188-unit Tesoro Apartment Homes in Redlands for $27.7 million. The community is located at 106 W. Pennsylvania Ave., about a mile from the University of Redlands. Tyler Leeson and Alex Mobin of Marcus & Millichap represented the buyer, while IPA’s Alexander Garcia, Stewart Weston, Christopher Zorbas, David Sperling and John Montakab represented the unnamed seller.

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