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Seattle Group Picks Up West Covina Multifamily for $53M

Acacia Capital Sells 250-Unit Torrey Pines Apts. Complex
By Matthew Wietzke
August 15, 2007 | 3:53 P.M.

Security Properties Inc. of Seattle, WA, purchased the apartment property at 851 S. Sunset Ave. in West Covina, CA, from Acacia Capital Corp. for $53.05 million or $212,200 per unit.

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