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Silicon Valley apartment sale is this city's priciest in years

Sunnyvale complex sells for nearly $70 million as AI sector boosts rents
Prime Residential paid $68.5 million for the 147-unit Citra apartment complex in Sunnyvale. (CoStar)
Prime Residential paid $68.5 million for the 147-unit Citra apartment complex in Sunnyvale. (CoStar)
CoStar News
August 5, 2025 | 12:10 AM

A large apartment complex in Silicon Valley recently changed hands for a higher-than-average price tag, as rents rise in some parts of the tech-rich region following several years of market uncertainty.

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