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Essex Property Trust Buys Trio of San Francisco Bay Area Apartments for $415 Million

Apartment Investor Adds Two Newer Properties Not Yet Covered By Impending Rent Control Law
The Courtyards in Emeryville, California, is among three property bought by Essex Property Trust. (CoStar)
The Courtyards in Emeryville, California, is among three property bought by Essex Property Trust. (CoStar)
CoStar News
October 25, 2019 | 12:30 AM

Real estate investment trust Essex Property Trust acquired three San Francisco Bay Area apartment communities totaling 658 units in separate transactions valued at a combined $415 million, as demand for housing continues to rise in one of the nation's costliest rental markets.

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