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DivcoWest Chases Rising East Bay Multifamily Rents With $102 Million Deal for Trio of Complexes

San Francisco Developer Closes All-Cash Sale for Package of Apartment, Retail Properties Near One of Nation’s Top Universities
DivcoWest's deal for a trio of multifamily properties in Berkeley, California, includes the Telegraph Gardens complex at 3001 Telegraph Ave. (CoStar)
DivcoWest's deal for a trio of multifamily properties in Berkeley, California, includes the Telegraph Gardens complex at 3001 Telegraph Ave. (CoStar)
CoStar News
February 3, 2022 | 1:54 AM

A renewed surge in demand for apartment units across the East Bay is driving rent gains and attracting a broader pool of investors, sending prices in the region racing past pre-pandemic records.

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