Essex Property Trust Inc.

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  • October Issue: Indexes & Rankings—2015 Top Owners

    CPE researches this year's movers and shakers controlling much of the real estate across the the country and around the globe.

    National 01 October 2015 15:15
  • January – Briefs/Sales & Development

    Columbia Property Sells 4 MSF Office Portfolio to Griffin Capital; Jay Paul Breaks Ground on San Francisco’s 181 Fremont Tower; SL Green Acquires Interest in Manhattan’s Embattled 650 Fifth Ave.; Essex Acquires San Diego M-F Asset from Wood Partners; Kilroy Set for Big Expansion in Bay Area; AvalonBay Sale Breaks Westchester County Record; PREI Closes $430M Property Fund V; Parmenter Realty Partners Buys 1.3 MSF Trophy Office in Dallas.

    National 18 December 2013 16:42
  • Essex Property Enters into Exclusive Negotiations with BRE

    Essex Property Trust has made a non-binding proposal to acquire BRE Properties in a negotiated strategic business combination in which each outstanding share of BRE common stock would be exchanged for 0.2971 shares of Essex common stock and $12.33 in cash.

    National 10 December 2013 15:30
  • Essex’s $121M Buy of M-F Portfolio Shows San Diego’s Solid Economy

    Essex Property Trust has purchased a 379-unit luxury apartment community in San Diego for $121 million from Wood Partners in an all-cash transaction, as more than 15,000 jobs reportedly are within two miles of the community’s location.

    San Diego 18 November 2013 15:10
  • Grosvenor Americas Grabs 195-Unit M-F Property in Bay Area

    Grosvenor Americas has just entered the apartment market in the California Bay area with the acquisition of Carlmont Woods Apartments in Belmont.

    West 30 August 2013 14:38
  • Essex Buys Fox Plaza in SF for $135M

    Last year, Essex Property Trust made more than $800 million in M-F acquisitions in California and the Seattle area. The REIT is continuing its spending this year, picking up Fox Plaza, a 444-unit property in San Francisco’s Mid-Market district, for $135 million from Archstone.

    San Francisco 27 February 2013 15:50
  • Essex Property Trust Closes Multifamily Deal with Kauri, Which is Also Set to Begin Construction

    Kauri Investments sold the 56-unit residential community, part of a larger project that also includes a Hyatt Place hotel. Kauri did not include the 160-key hospitality property in the deal perfected with Essex. Developed in 2010, the complex is located at 110 Sixth Avenue N., near the Seattle Center. According to PSBJ, the sale was not planned by Kauri but the inquiry by Kidder Matthews representatives Giovanni Napoli and Phillip Assouad, working on behalf of Essex Property Trust eventually got the deal going. According to Kauri’s CEO, Kevin Angier, the multifamily rental property had an occupancy rate of 95 percent at the time the transaction was completed.

    Seattle 13 January 2013 06:54

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