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LNR Property Sells 212-Unit Multifamily for $14.8M

Pearland Apt. Complex Changes Hands
By Andrea Lester
May 16, 2012 | 3:48 P.M.

LNR Property Corp. sold the 212-unit Club at Tranquility Lake Apartment complex in Pearland, TX, to SPCC Tranquility Lake LLC for approximately $14.8 million or $69,811 per unit.

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