Essex Property Trust Inc. recently purchased a 104-unit apartment property in Santa Rosa, Calif., for $22.5 million. The property, Harvest Park Apartment Homes, was built in 2004. Private developer Harvest Park Inc. sold the asset. The acquisition is Essex's first in Sonoma County, according to a press statement. Essex, a Palo Alto, Calif.-based real estate investment trust, has ownership interests in more than 26,000 units and more than 900 units in development. ...
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