Lowe and LaSalle Completes $106 Million Sale of 295-Unit Midrise Apartment Community in East Village Neighborhood of San Diego
SAN DIEGO, CA - On behalf of Lowe and LaSalle Investment Management, JLL Capital Markets announced today that it has closed the $106 million sale of IDEA1, a 295-unit, award-winning, Class A, mid-rise multi-housing community, to Fairfield. IDEA1 embodies the live-work-create environment in the East Village neighborhood of downtown San Diego. Built in 2017 by Lowe, LaSalle and I.D.E.A. Partners, IDEA1 is the modern expression of the mixed-use real estate model, designed to complement and...