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Investors Sell Meridian Apts. in CA for $101.2 Million

Archstone-Smith Buys 300-unit Multifamily in San Bruno for $337,333 Per Unit
By Lindsay Austin
January 5, 2006 | 4:35 P.M.

SNK SB Crossing LLC, an investment affiliate of Denver-based apartment investor Archstone-Smith (NYSE:ASN), recently purchased Meridian at the Crossing, a 300-unit apartment community at 1099 Admiral Courtin San Bruno, CA, aproximately 10 miles south of downtown San Francisco, for $101.2 million, or about $337,333 per unit.

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