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NoCal Investors Buy Kirker Creek Apts. for $72.5M

Boston Group Sells 542 Units in Pittsburg
By Shawn Kelson
November 7, 2005 | 8:19 P.M.

Kirker Creek Apartments at 1000 Pheasant Drive in Pittsburg sold for $72.5 million, or about $133,764 per unit, with a GRM at just fewer than 10 and a cap rate of approximately 5%. The deal represents one of the largest sales this year in the East Bay multifamily marketplace.

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News | NoCal Investors Buy Kirker Creek Apts. for $72.5M