MG Properties Group, a private San Diego-based real estate investor and operator, has acquired Maris of Martinez. The purchase further expands MG’s presence in the Bay Area.
The 168 unit community is located in the East Bay Hills off State Route 4. The property is in proximity to shopping, dining and recreations options.
This is the 19th acquisition made by MG Properties for a combines value totally over $1.6 billion. The firm intends on continuing this strategy through further acquisitions across a variety of states.
“We are pleased to be further growing our long-term presence in the Bay Area,” said Mark Gleiberman, MG Properties Group’s founder & CEO. “This is a market that has strong opportunity due to its economic growth, affordability, and convenience.”