Trumark Homes and Resmark Land and Housing, a division of The Resmark Companies, closed on a nine-acre, 134-unit residential development project named "Contour" for approximately $18.5 million.
Trumark Homes is scheduled to break ground on the project later this year.
The neighborhood will consist of medium-density single-family detached homes and higher-density multifamily townhouse for sale. The 134-home community will be connected to the Citywide Trail System through an extensive internal pedestrian networking linking front doors to common amenities.
Construction of the 134 residences will be split into 42 three-story detached single-family homes and 92 three-story attached townhomes.
Trumark purchased the property from Mission West Properties, a local REIT in Silicon Valley.