Watkins Commercial Properties acquired Upland Village Green, a 186-unit multifamily complex at 1420 Chaffee St. in Upland, California, from an affiliate company of G.H. Palmer Associates for $48.5 million, or about $260,750 per unit. The property changed hands for the first time in more than four decades, ending the original developer's ownership as apartment transaction activity across the Inland Empire continues to rebuild.
Inland Empire apartments trade for first time in 40-plus years
Developer exits 186-unit complex as transaction activity rebuilds from recent lows
By Aaron Tamblyn with
May 18, 2026 | 9:40 P.M.
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IN THIS ARTICLE
- Properties
- Upland Village Green
1420 Chaffee St, Upland, CA
- Companies
- G.H. Palmer Associates
Construction
- Contacts
- Kevin Green
Executive Managing Director, Marcus & Millichap
- Christopher Zorbas
Executive Managing Director Investments, Institutional Property Advisors
- Gregory Harris
Executive Managing Director Investments, Institutional Property Advisors
- Joseph Grabiec
Executive Managing Director, Institutional Property Advisors