Located in an Opportunity Zone, the seven-story, 205,000-square-foot project will bring 190 units to the market.

Charleston Plaza is a five-building retail center totaling 132,590 square feet in Palo Alto and Mountain View.

The activity will continue to drive recovery in the retail sector across all five boroughs.

A joint venture between Lowe and LaSalle Investment Management sold the property to Fairfield.

The dual acquisition is part of the firm's strategy to expand its portfolio in California.

Located in Midtown Sacramento, the 75-unit property opened in 2021 and is 95% leased.

The acquisition marks the firm's expansion on the West Coast and strategy to build a strong presence from San Diego to Seattle.

Post-pandemic, co-working spaces will serve work-from-home employees at larger companies.