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Downtown San Diego Apartment Property Sale Among Region’s Biggest of Past Year

East Village Deal Comes Amid Rising Vacancy and Unit Completions
The 313-unit apartment property known as ALX sold for about $137 million in downtown San Diego. (CoStar)
The 313-unit apartment property known as ALX sold for about $137 million in downtown San Diego. (CoStar)
CoStar News
August 9, 2024 | 8:26 P.M.

A downtown San Diego apartment property sold for about $137 million in one of the region’s largest multifamily deals of the past year, even as downtown vacancy has recently been rising amid a high supply of new units.

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