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Palo Alto apartments in prime locale are bought for $50 million-plus

An apartment complex in one of the prime neighborhoods of Palo Alto has been bought by a local real estate investor in a deal that hints at a sturdy market for the multi-family residential sector in the city.

Palo Alto apartments in prime locale are bought for $50 million-plus

An apartment complex in one of the prime neighborhoods of Palo Alto has been bought by a local real estate investor in a deal that hints at a sturdy market for the multi-family residential sector in the city.

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