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Land Near San Diego’s Mission Valley Sells for $48.6 Million to Significant Downtown Los Angeles Developer

GH Palmer Plans Almost 1,000 Apartments Next to Busy Regional Development Hub
Apartments, commercial spaces and parks are planned for a site recently acquired by G.H. Palmer Associates. (Pacific Sotheby's International Realty)
Apartments, commercial spaces and parks are planned for a site recently acquired by G.H. Palmer Associates. (Pacific Sotheby's International Realty)
CoStar News
October 29, 2019 | 12:25 P.M.

G.H. Palmer Associates, a prominent apartment developer in downtown Los Angeles, has paid approximately $48.6 million for 22 acres of San Diego land where it plans a mixed-use apartment project, the latest indicator of high demand in and near the city’s busy Mission Valley neighborhood.

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