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Essex Property Trust extends apartment buying spree with $240 million Silicon Valley deal

The public REIT is ramping up its West Coast multifamily portfolio
The 168-unit Revere Campbell Apartments at 1723 S. Bascom Ave. sold to the Essex Property Trust for $118 million as part of a $240 million portfolio deal. (CoStar)
The 168-unit Revere Campbell Apartments at 1723 S. Bascom Ave. sold to the Essex Property Trust for $118 million as part of a $240 million portfolio deal. (CoStar)
CoStar News
May 15, 2025 | 11:38 P.M.

A publicly traded real estate investment trust paid more than $240 million for two apartment complexes in the Silicon Valley town of Campbell.

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