A 117-unit apartment complex in Escondido sold for $12.4 million. CB Richard Ellis in San Diego announced the sale of Park Terrace Apartments by Nordiego Capital Ltd. to Conrad Prebys Trust on March 11.
The apartment complex on Gayland Street near East Grand Avenue was built in 1974.
Dixie Hall, Rachel Hemingway and Kevin Mulher of CB Richard Ellis represented both the buyer and the seller.
, Michelle Mowad