BRE Properties Announces Two Investments Totaling $185 Million

31 August 2010, 1:51 pm

SAN FRANCISCO--(BUSINESS WIRE)--BRE Properties, Inc. (NYSE:BRE) today provided the following update on its recent investment activity: On August 20, 2010, the company acquired 2.4 acres of land in downtown Sunnyvale, Calif. for approximately $19 million. The site will support the future development of 280 units. On August 31, 2010, the company acquired Aqua Marina del Rey, a 500-unit property in ...... Read More »

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