October 11, 2010
Chicago-based Equity Residential purchased Vantage Pointe in downtown San Diego for $200 million. It’s the company’s first local downtown high-rise purchase, although it owns other properties in the county including La Mirage overlooking Mission Valley.
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Equity Residential, one of the nation’s largest owners of apartment buildings, has acquired downtown San Diego’s troubled Vantage Pointe high-rise for $200 million.