A publicly traded real estate investment trust scooped up a 250-unit apartment complex in the heart of Silicon Valley, as rents rise in some parts of the tech-rich region following several years of market uncertainty.
REIT scoops up Silicon Valley apartment complex as Bay Area rents rise
Essex Property Trust pays $143 million for Sunnyvale homes near tech employers
CoStar News
November 26, 2025 | 10:31 P.M.
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IN THIS ARTICLE
- Properties
- 1250 Lakeside
1250 Lakeside Dr, Sunnyvale, CA
- Companies
- Essex Property Trust, Inc.
Real Estate