Commercial Real Estate Direct Staff Report MG Properties has sold Terramonte at Foothill, a 138-unit apartment property in Pomona, Calif., for $35.5 million, or $257,246/unit. The San Diego investment manager was executing a 1031 exchange in the deal with an unnamed buyer. It was brokered by Marcus & Millichap’s Institutional Property Advisors unit. The property, […]

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