Marcus & Millichap Inc. announced the $13 million sale of a 20.89-acre residential development site in Long Beach, California. The property, known as River Park, will be developed into 226 residential units, including single-family homes, townhouses, and affordable housing. The site, formerly an oil well water treatment facility, was approved for development in 2020 and is located in the Wrigley Heights neighborhood. The transaction was completed in September 2025, with Integral Communities and Lennar Corp. involved as the developer and partner.
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