Fremont property deal shows Silicon Valley strength amid coronavirus

The Mercury News  |  May 21, 2020

FREMONT — A big apartment complex in Fremont has been bought by a veteran Southern California real estate firm in a deal that suggests investors still hunger for Silicon Valley properties despite the uncertainties ushered in by the coronavirus.

Rancho Luna Sol, a 188-unit apartment complex located a short distance from the BART station in central Fremont, has been bought by Decron Properties, a large real estate firm that owns about 8,600 apartment units along with roughly 1 million square feet of office and retail space in California and Washington state.

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