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Waterton Scoops Up Apartment Complex in Renton for $53M

CBRE Arranges Sale of 110-Unit Madison Park Garden Apartment Community in Seattle's Thriving Tech-Hub Submarket of Bothell

SEATTLE, WA - CBRE announced the sale of Madison Park, a 95,676-sq.-ft. multifamily community in Bothell, Washington. An undisclosed buyer acquired the property. Eli Hanacek, Kyle Yamamoto, Jon Hallgrimson, and Mark Washington with CBRE’s Pacific Northwest multifamily team represented the seller. Located at 20520 Bothell Everett Highway, Madison Park was built in 1990 with 110 apartment units comprised of one- and two-bedroom floorplans averaging 870 sq. ft. Community amenities include.

CBRE Brokers $44.5 Million Sale of 190-Unit Neely Station Apartment Community in Auburn, Washington for Goodman Real Estate

AUBURN, WA - CBRE announced the $44.5 million sale of Neely Station, a 190-unit multifamily community in Auburn, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Goodman Real Estate Inc. The property is located at 1433 8th Street NE in Auburn, a suburb south of Seattle. Built in 1968, the garden-style community consists of 25 two-story buildings on 9.5 acres..

CBRE Brokers $48.5 Million Sale for Security Properties of 162-Unit Insignia Apartment Community in Bremerton, Washington

BREMERTON, WA - CBRE announced the $48.5 million sale of the Insignia Apartments in Bremerton, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Security Properties. Built in 2017, Insignia Apartments is a garden-style multifamily community with 12 buildings on 6.9 acres, located at 1060 Insignia Loop. One- and two-bedroom floorplans make up the 162 units with.

CBRE Announces Sale of Half-Block Land Parcel Zoned for 267-Unit Residential Development in Belltown Neighborhood

SEATTLE, WA - CBRE announced the $17.5 million sale of a 0.61-acre site located at 2700 1st Avenue in downtown Seattle’s Belltown neighborhood, to a confidential buyer. The 26,640-sq.-ft. parcel is zoned for residential development up to 267 units. Eli Hanacek, Jon Hallgrimson, Frank Bosl and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Churchome. The zoning allows for high-rise or mid-rise residential development with a maximum.