Rawson, Blum & Leon (RBL) of San Francisco, CA closed escrow on a vacant parcel located in Berkeley, CA, with plans to create a $40 million urban infill, mixed-use residential/retail project. Erik Halterman was also hired as Development Manager. RBL expects to put $150 million in assets into the development pipeline and acquire $30 to $50 million per year of existing assets.
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