Essex Property Trust Acquires 250-Unit 1250 Lakeside in Sunnyvale for $143.5MM

Essex caps strong acquisition year with Silicon Valley apartment buy as West Coast markets show accelerating rent growth Essex Property Trust closed out its 2025 acquisition spree with the purchase of 1250 Lakeside, a 250-unit apartment community in Sunnyvale, California, for $143.5 million in November. The deal, which pencils to $574,000 per unit, marked the […]