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SAN MARCOS, TEXAS — Atlantic | Pacific Cos. (A | P) has acquired The Palazzo, a 300-unit multifamily community in San Marcos. Located on Wonder World Drive, the garden-style property offers one- to three-bedroom apartments plus amenities such as two swimming pools, a fitness center, game room and basketball court. A | P is planning upgrades to common areas and unit interiors. Atlantic | Pacific Management will manage the property. San Marcos, home to Texas State University and the Central Texas Medical Center, is situated between Austin and San Antonio along the Interstate 35 corridor.