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CBRE handles Palmilla sale

The CBRE (NYSE: CBG) Multi-Housing team of Dixie Hall, Rachel Parsons and Kevin Mulhern represented the buyer of the 190-unit Palmilla apartments reported in the photo/caption at the top of Page 1B Thursday.

The buyer, the Conrad Prebys Trust, paid $25.65 million for the apartment at 740-786 and 825-829 E. Mission Ave., Escondido.

The approximately 190,040-square-foot complex was built in 1973 on 8.98 acres and offers one-, two- and three-bedroom floor plans.

The property features three swimming pools, a spa, fitness center and clubhouse. Units include patios or balconies and covered parking.

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