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$58.5 Million – Sale of 277 unit Townhome Development in Arcadia

Key Partner’s Tom Nguyen represented the Seller in the sale of a 12 acre vacant land located in Arcadia, CA for $58.5 Million.  The site was fully entitled for a 277 unit townhome development within a gated community.  This represents one of the largest for sale residential projects to hit Arcadia in a long time.

Location

Arcadia, CA

Size

277 Townhomes

Lot Size

12.01 Gross Acre

Date

July 14, 2023

Category

Advisory

Tags

Residential Development