Essex Announces Acquisition of Two Communities for $208.8 Million

Palo Alto, California—Essex Property Trust, Inc. (NYSE:ESS) announced the Company has purchased two apartment communities for purchase prices totaling $208.8 million. Apex Apartments, a 366 unit community located in Milpitas, CA, was purchased for $150.0 million. The property was completed and fully stabilized in 2014. Amenities include a saltwater pool and spa, a fitness center, […]