Western

SAN DIEGO — Lowe has purchased Tenth & G, a multifamily property located in downtown San Diego. Terms of the transaction were not released. Rachel Parsons, Derrek Ostrzyzek, Mike Murphy and Kenji Thomas of CBRE represented the undisclosed seller in the deal. Andrew Behrens and Jesse Weber of CBRE facilitated a loan on behalf of of the buyer. Built in 2008, the eight-story Tenth & G features 207 studio, one- and two-bedroom floor plans, averaging 704 square feet. The building features floor-to-ceiling windows, generous ceiling heights, exposed concrete accents and expansive panoramic views of the city and bay. At the time of sale, the property featured original finishes. The buyer plans to implement a comprehensive interior renovation and repositioning of the common area amenities.

SUNNYVALE, CALIF. — Prime Residential has completed the disposition of Citra, a value-add multifamily property located at 745 Bernardo Ave. in Sunnyvale. Terms of the transaction were not released. Ryan Wagner, Brandon Geraldo, Matt Kroger and Fatai Alashe of JLL Capital Markets represented the seller in the deal. Charles Halladay, Jonah Aelyon, Sarah Murphy and Joseph Choi of JLL originated a $44.2 million Freddie Mac loan for the undisclosed buyer. Built in 1968 and renovated in 2019, Citra offers 147 one- and two-bedroom apartments, 133 of which are fully renovated with vinyl plank flooring, quartz countertops and upgraded bathroom vanities. All units contain in-unit washers and dryers. Community amenities include a landscaped pool terrace, spa, fitness center with spin room, outdoor barbecue and picnic areas, a business center, community room, children’s playroom, media room and an outdoor play structure.

REDLANDS, CALIF. — Sentinel Real Estate has purchased The Venue at Orange, an apartment community in Redlands, approximately 60 miles east of downtown Los Angeles. Terms of the transaction were not released. Completed in 2023, the 328-unit, garden-style property is comprised of seven buildings including six residential structures and a mixed-use community clubhouse. The Venue on Orange offers a mix of one-, two- and three-bedroom units featuring nine-foot ceilings, full-sized washers and dryers, fully equipped kitchens with islands, stainless steel appliances, quartz countertops and tile backsplashes. Community amenities include a pool, spa, fitness center with a yoga/Pilates studio and spin room, a lounge and game room, chef’s kitchen and a coffee bar. Additionally, residents have access to a business center with private and open coworking spaces, a media room, grilling areas, EV charging stations and automated package lockers with controlled access via gated community entry.