Levin Johnston Directs $16.8M Acquisition of Multifamily Property in Palo Alto, California

PALO ALTO, CALIF. — Levin Johnston of Marcus & Millichap has arranged the purchase of a multifamily community located at 283-301 and 327 Curtner Ave. in downtown Palo Alto. A private high-net-worth investor acquired the property from a Northern California-based multifamily development company for $16.8 million.

The 32-unit apartment community features an upgraded community barbecue area and pet-washing station.

Adam Levin and Robert Johnston represented the buyer and the seller in the deal.