Earlier this week, The True Life Companies (TTLC) sold 3.2 acres of infill property, known as the Mission-Stevenson project, located in Fremont, Calif., to TRI Pointe Homes.
Located at the corner of Mission Boulevard and Stevenson Boulevard in Fremont, CA., TTLC entitled the project, receiving tentative map approval in September 2015 for 35 townhomes and 42 stacked flats for a total of 77 condominium units. The location provides buyers easy access to major transportation corridors and is within 1.5 miles of the Fremont BART Station.
"The Mission-Stevenson community is the first disposition for TTLC in 2016 and the third disposition for TTLC in the Bay Area in the last 12 months," said Taber Anderson, principal and Chief Investment Officer of TTLC. "This venture further demonstrates The True Life Companies' commitment to transforming raw and underutilized land into well thought out and intelligently planned communities designed to meet the needs of future residents."