Essex Property Trust, a Palo Alto-based apartment REIT, purchased Regency Tower Apartments at 1130 3rd Ave. in Oakland. The 18-story, high-rise residential tower sold for $21.2 million, or approximately $119,000 per unit.
Essex Property Trust, a Palo Alto-based apartment REIT, purchased Regency Tower Apartments at 1130 3rd Ave. in Oakland. The 18-story, high-rise residential tower sold for $21.2 million, or approximately $119,000 per unit.
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