Equity Residential Sells 100-Unit Southwood Apartments in Palo Alto for $59.9MM

By Kate Snyder An apartment complex in Palo Alto traded hands recently in a deal that shows investors continue to be attracted to the city. The Southwood Apartments site was bought for $59.9 million, or about $599,000 per unit, according to a report from The Mercury News. The seller was an entity affiliated with Equity […]