Login

Investor buys luxury apartment complex on California East Bay's waterfront

Strada's acquisition of Alta Star Harbor seen as latest positive sign for Bay Area's multifamily market
Alta Star Harbor homes were built with exposed brick walls, timber roofs and concrete floors, details that were a deliberate nod to the Del Monte Foods cannery that was built on the Alameda waterfront in 1927. (CoStar)
Alta Star Harbor homes were built with exposed brick walls, timber roofs and concrete floors, details that were a deliberate nod to the Del Monte Foods cannery that was built on the Alameda waterfront in 1927. (CoStar)
CoStar News
February 26, 2025 | 9:57 P.M.

In the latest sign that the Bay Area’s multifamily real estate market may be turning a corner, an investor has paid $153.7 million for a luxury bayfront apartment complex in a converted 20th century cannery.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE