Commercial Real Estate Direct Staff Report Spieker Cos. has paid $59.9 million, or $486,991/unit, for the 123-unit Southwood Apartments in Palo Alto, Calif. The local company purchased the property from Equity Residential. The deal was highlighted by Kidder Mathews. The property, at 2850 Middlefield Road, 34 miles south of San Francisco, was built in 1985 […]

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