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6/30/26
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In a significant NoCal res trade, Holland Partner Group has purchased Meridian at Midtown, a 218-unit luxury apartment complex in San Jose. The asset was sold by Essex Property Trust in a deal valued at around $105 mil ($482k/unit).
Image: Holland Residential |
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Built in 2015, Meridian at Midtown is located at 1432 West San Carlos St, north of I-280 and west of Hwy 87 in the city’s Midtown neighborhood. It was sold by Essex Property Trust, who had acquired the property in 2018 for $104 mil.
The property offers a mix of studio, one- and two-bedroom units. It also includes roughly 15k sf of ground-floor retail.
Amenities at the property include a resort-style swimming pool, a modern fitness center, a resident clubhouse and lounge, outdoor BBQ and entertainment spaces, a dog park, secure controlled access entry and covered parking options. Individual units feature open concept floor plans, wood-style flooring, modern kitchens with contemporary finishes, in-unit washer/dryers, patios or balconies, AC and high-speed Internet.
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