Clarion Partners LLC acquired the Artist Walk property in Fremont, Calif., for $110.3 million, IPE Real Assets reported, citing sources familiar with the matter.

The property, comprising 185 apartment units and a 30,000-square-foot retail space, was sold by developer Blake Griggs Properties and JD Capital USA Holdings, the U.S. arm of the Chinese private equity firm JD Capital.

The property's retail space is fully leased, according to the July 31 report.