Deal Closing Announcement: 2.05 AC Off-Market Land Sale for $3,300,000

I am excited to announce the closing of an off-market transaction in Morgan Hill, CA. The property consists of two separately owned parcels. The assemblage was on behalf of a Seattle-based developer that intends on constructing a 75-unit mixed-use project. The site benefits from excellent exposure along Monterey Road and is within close proximity to charming Downtown Morgan Hill. The total closing price was $3,300,000 and took approximately six months to complete. Congratulations to all of the parties involved!