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Trion Properties Purchases 84-Unit Multifamily Asset in Bay Area for $27.5M

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Located in Newark, Calif., The Meadows features 84 apartments in a mix of one-, two- and three-bedroom layouts with balconies or patios and a community swimming pool.

NEWARK, CALIF. — Trion Properties has acquired The Meadows, an apartment community located in Newark, for $27.5 million. The name of the buyer was not released.

Located at 35750 Bettencourt St., The Meadows features 84 apartment units in a mix of one-, two- and three-bedroom units, all with private patios or balconies and walk-in closets. Trion Properties has an extensive renovation and rebranding program planned for the property, which was built in 1966.

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