San Jose, California – We do have NNN Commercial Real Estate news from one of our favorite areas, the Bay Area in California. A Commercial Real Estate development in San Jose, California sold for approximately $54 million. This California Investment Property development is an apartment complex commonly known as the Bella Villagio Apartments. The Bella Villagio Apartments development has 231 units for Tenants to lease.
Commercial Real Estate Developers
Bella Villagio is a commercial investment property that can be defined as an upscale apartment community San Jose. This Commercial Real Estate development was architecturally designed as very chic Italian influenced Apartments. The San Jose Commercial Real Estate development offers units for lease that are exquisite, and contemporary with exceptional exterior and interior apartment features. These chic Italian influenced Apartments a variety of spacious floor-plans that range from one bedroom, one bath to lavish three bedroom, three bath homes. This San Jose Commercial Real Estate development has units that have their own private patios, full size washers and dryers, and modern gourmet kitchens with stainless steel appliances. The Commercial Real Estate developers for this project had in mind for this to be like an Italian village and is a non-smoking apartment community.
Sares Regis Group along with its partner, CIGNA Realty Investors (CREI) sold this California Investment Property to Essex Property Trust. Sares Regis Group had originally purchased this Investment Property in June of 2009, from a private investor. That was a very difficult time for the commercial real estate market especially for apartment buildings more so than triple net lease properties. Cigna Realty Investors is experienced with commercial loan financing for the acquisition of apartment communities and commercial real estate developments. This Company was involved in financing investment properties in Houston and across Texas.
Investment Property Search Online
Sares Regis Group had a 5 year plan to achieve a certain value for this Investment Property however they were able to achieve their goal in a little over 1 year. Sares Regis Group feels that the recent dislocation in both the multifamily Investment Property and capital markets should provide great investment opportunities over the next 12 – 24 months. Sares Regis Group can remain focused on an Investment Property Search in the desired west coast market.
Sares Regis Group is one of the leading commercial real estate investors, NNN Property developers and managers of commercial real estate in the western United States. They are headquartered in the affluent city of Irvine in Orange County. This Commercial Real Estate Development Company also have a corporate headquarters office in the Bay Area, San Mateo to be exact. Many Commercial Property Investors are searching for Listings in this area.
Florida Multifamily Investment Properties
This commercial real estate company employs more than 590 people and operates regional offices located throughout California and in Denver and Seattle. Since its inception in 1993, Sares Regis Group has sponsored $2.46 billion in multifamily Investment Properties on behalf of prominent institutional clients and investment partners. Currently the Commercial Real Estate Company has a combined Investment Property Portfolio valued at more than $4 billion, including 14,500 rental apartment units and 15 million square feet of commercial property space and industrial property space for net leases.
Sares Regis Group will continue to aggressively perform Investment Property Searches for multifamily properties even though they sold this property, the Bella Villagio Apartments. We believe that when they search for NNN Commercial Properties for sale, they will look for those offering assumable Commercial Loans with attractive interest rates, and is amortized.
Net Lease Properties and Commercial Real Estate Investments are available for acquisition. Also for commercial real estate investors in a 1031 exchange, can CONTACT us for Net Lease Properties for purchase or disposition.
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