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Hong Kong Investor's New $175 Million Acquisition Fuels San Jose's Streak of Apartment Sales

Essex Property Trust Lands Buyer for One South Market Complex
The 312-unit One South Market apartment tower has traded hands in one of the year's highest-priced multifamily acquisitions in the greater San Jose market. (CoStar)
The 312-unit One South Market apartment tower has traded hands in one of the year's highest-priced multifamily acquisitions in the greater San Jose market. (CoStar)
CoStar News
July 2, 2020 | 8:02 P.M.

A Hong Kong investor has acquired a high-rise apartment tower in downtown San Jose, California, for $175 million, an amount that reflects a near-record price per unit.

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