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Bell Partners makes Calif. debut with $123M apartment community purchase

Bell Partners Inc. purchased a five-story, 264-unit apartment community near the intersection of the 405 and 105 freeways in Inglewood, Calif., for $123 million, the Triad Business Journal reported.

The company renamed the property Bell South Bay after its acquisition and will manage the asset.

The purchase marks Bell Partners' debut in the California market, the publication noted.