In the news:
Green Lake apartments sold
Pension fund pays $83 million for Circa Green Lake
An institutional investor bought the 199-unit Circa Green Lake apartments Friday for $83.25 million, according to county records.
The Teachers Insurance and Annuity Association of America bought the four-year-old residential/retail complex from a partnership of Trammell Crow Residential and Prudential Insurance.
Circa is at the prominent intersection of East Green Lake Way North and Northeast Ravenna Boulevard. Before the complex was built, an Albertson's supermarket occupied the site.