Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ANAHEIM, CA-Essex Property Trust of Palo Alto has acquired the 250-unit Anavia luxury rental complex from a wholly-owned subsidiary of KB Home in the Palo Alto-based REIT’s third acquisition of a condo-quality complex in Orange County this year. The sale, terms of which were not disclosed, was brokered by president Mary Ann King and director Tom Moran Jr. of the Irvine office of Chicago-based Moran.

Anavia, which had its first move-ins in November 2009, is a class A complex at a high-profile location across the street from Angel Stadium of Anaheim. The 250 units are located in a single, four-story, elevator-served building situated atop a two-level parking structure, with one level below grade and one at grade.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. Multifamily Spring 2022 (Formerly APTS)Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.