Stanford University has gained ownership of a big apartment complex in Palo Alto that’s next to the college.
PALO ALTO — Stanford University has gained ownership of a big apartment complex in Palo Alto that’s next to the college through a byzantine array of transactions, public records indicate.
Both of these transactions were completed a few days ago, according to documents filed on Sept. 15 with the Santa Clara County Recorder’s Office. Numerous buildings are owned by real estate investors or tech companies that lease the land beneath the buildings from Stanford University. The university owns the land in the research park, which includes 10 million square feet of office space.
The contact information and the mailing address for the affiliate are associated with a Redwood City office for the Stanford land, buildings and real estate unit.