A 328-unit multifamily development in Redlands has been sold for $148.4 million.
The Venue at Orange was sold by LuxView Properties in San Diego to Sentinel Real Estate Corp. in Australia, according to Institutional Property Advisors, a division of Marcus & Millichap.
LuxView developed the project, which was completed two years ago. The sale price works out to more than $452,000 per unit…