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Big Apartment Sale in Southern San Diego Suburb Reflects Robust Demand

Deal Ranks Among Largest of Past Year for Chula Vista as Rents Rise With Vacancy
Pacific Urban Investors acquired the 233-unit Terra Nova apartment property in Chula Vista, California, for $82 million. (Berkadia)
Pacific Urban Investors acquired the 233-unit Terra Nova apartment property in Chula Vista, California, for $82 million. (Berkadia)
CoStar News
March 25, 2024 | 7:38 P.M.

An apartment sale in Chula Vista, California, is among the largest of the past year by total price for San Diego County and underscores strong demand in the region’s second-largest city as rents grow despite rising vacancy.

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