Essex’s $121M Buy of M-F Portfolio Shows San Diego’s Solid Economy

Source:  CPE

Essex Property Trust Inc., of Palo Alto, Calif., has purchased a 379-unit luxury apartment community in San Diego for $121 million in an all-cash transaction, it was announced late last week by the property’s developer, Wood Partners, of San Diego, and by Institutional Property Advisors, a Marcus & Millichap company, which brokered the property. The seller was a joint venture of Wood Partners and a fund sponsored by CBRE Global Investors. Domain by Alta – San Diego ...

NREIonline.com Freemium Content

"Essex’s $121M Buy of M-F Portfolio Shows San Diego’s Solid Economy" is FREE to access as a registered user on NREIonline.com.

Why Register for NREIonline? It's simple and free, and here is what you get:

  • Access to leading real estate industry research.
  • Interactive rankings of commercial real estate professionals.
  • Submit your own articles, (if approved) which will appear around the site.
  • Ability to comment and interact on all site content.

Already registered? here.

Read source

Please or Register to post comments.

Newsletter Sign Up
AdviceIQ

National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×