BERKELEY — A housing highrise in downtown Berkeley is pushing ahead with the purchase of a site where a residential tower with hundreds of units is being eyed.
Landmark Properties has bought a mixed-use retail and residential building at 2190 Shattuck Ave. that includes a Walgreens store in downtown Berkeley, documents filed with the Alameda County Recorder’s Office show.
Acting through an affiliate, Georgia-based Landmark Properties paid $27.7 million for the site, which has the store on the ground floor and residential units on the second floor, according to the Nov. 23 filing with the county agency.
The seller was an affiliate of PGIM Real Estate, an asset investment unit