270+ unit Residential Development in Arcadia – $58.5 Million
Category: Closed Deals
Description: Fully entitled residential development
Location: Arcadia, CA (unincorporated County jurisdiction)
# of Units: 303
Land Size: 12 acres
Pricing Guidance: $60 million
Tom Nguyen represented the Seller in the sale of the prime development site to Brookfield Residential for $58.5 Million. Brookfield will offer first in class housing options as one of the largest housing developments to hit the San Gabriel Valley. The project is situated on 12.05 gross acres which currently has a tentative map approval for over 270+ home gated subdivision.
