THE VUE TRADES FOR $80.1 MILLION
LOS ANGELES — San Francisco-based Carmel Partners has purchased The Vue from a foreign bank for $80.1 million. The 16-story, 318-unit residential tower is located in Los Angeles' San Pedro neighborhood. Amenities include a fitness center, a business center, and a resort-style swimming pool with a spa, a sundeck and cabanas. The community was constructed in 2008 as a condominium project and converted into apartments in 2009; individuals own 24 of the units. The Jones Lang LaSalle team of Javier Rivera, David Young, Jeff Morris and Denny St. Romain arranged the deal.