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Brookshire Square Apartments Sold

Sale Price: $11.85 Million
By Matthew Wietzke
January 22, 2003 | 8:58 P.M.

Granite Investment Corp., a Southern California investment group, purchased Brookshire Square Apartments, a multifamily property at 12517-67 Brookshire Ave. in Downey, CA. Total consideration for the sale was valued at approximately $11.85 million, or $105,804 per unit. Brookshire Square Apartments is a 112-unit, 113,145-square-foot, garden-style apartment complex with units ranging in size from one to three bedrooms. John Walsh of Marcus & Millichap represented the buyer, Granite Investment Group, and the seller, Fowler Flanagan Partners.

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