CBRE arranges $64M sale

CBRE announced that it has arranged a large residential real estate sale, according to a release.

The real estate giant sold the Pastore Portfolio, located in Millcreek Township in Erie for $64 million. It was 95 percent occupied at the time of the sale.

CBRE’s Cynthia Kamin marketed the properties and sold the portfolio to Riedman Properties of Rochester, New York.

Built by the Pastore family, the portfolio consists of 1,080 apartments units, 305 self-storage units and 7,500 square feet of office…

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