A 218-unit apartment complex in San Jose’s Midtown just changed hands for more than $105 million, a price tag that keeps the property firmly in the big leagues of Silicon Valley real estate.
Holland Partner Group has acquired Meridian at Midtown, a mid-rise community at 1432 West San Carlos Street, in a deal recorded this week for roughly $105.3 million. The property sits within walking distance of downtown job centers and major retail corridors, making it one of the higher-profile multifamily trades reported in San Jose so far this year.
According to The Mercury News, county recorder documents show the transfer posted yesterday, with an affiliate of Holland Partner Group listed as the buyer and Essex Property Trust recorded as the seller. The recorded purchase price was $105.3 million…