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Silicon Valley Apartment Tower Commands $185 Million as Rents Soar Beyond Pre-Pandemic Highs

Beverly Hills Firm 3D Investments Bets on San Jose Multifamily Market in Latest Bay Area Purchase
The Centerra apartment tower in San Jose, California, sold for $185 million to a Beverly Hills-based investment firm. (CoStar)
The Centerra apartment tower in San Jose, California, sold for $185 million to a Beverly Hills-based investment firm. (CoStar)
CoStar News
October 31, 2022 | 8:33 P.M.

Silicon Valley's housing market is attracting big-ticket deals as the region's rents reach levels more than twice the national average and drawing investors chasing the area's growth.

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