Marcus & Millichap Brokers $13M Sale of 20-Acre River Park Multifamily Development Site in Long Beach

Reuters

Sep 27

Marcus & Millichap Brokers $13M Sale of 20-Acre River Park Multifamily Development Site in Long Beach

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.

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Marcus &amp; Millichap Inc. published the original content used to generate this news brief on September 25, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250926:nNDL6hvWrw:1","article_id":"2570389858","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570389858","pubTimestamp":1758923179,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Marcus & Millichap Inc. announced the $13 million sale of a 20.89-acre residential development site in Long Beach, California. 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