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Waterstone Carlsbad Apartments Sells For $78M

AvalonBay Communities Purchases 450 Units in Carlsbad
By Kelly Chidester
February 9, 2011 | 8:18 P.M.

AvalonBay Communities, Inc. acquired the 450-unit apartment complex located at 2320 Via Clemente in Carlsbad, CA from PPC Cascade LLC for $78.1 million, or about $173,000 per unit.

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