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SEATTLE, WA - Bell Partners Inc., one of the nation s leading apartment investment and management companies, announced that it has acquired Modera Jackson, a 160-unit apartment community located in Seattle, Wash. The property, acquired on behalf of the firm s Fund VII investors, will be renamed Bell Jackson Street. The seller is Boca Raton, Florida-based Mill Creek Residential. Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), served as broker on the transaction. Bell Jackson Street is located in the heart of Seattle s historic Central District, giving residents access to a vibrant residential neighborhood and community. The city of Seattle is the largest employment center in the Pacific Northwest with over 328,000 jobs in the downtown core. Fortune 500 companies with headquarters in the city include Amazon, Nordstrom and Starbucks, and other notable employers include Apple, Facebook, Google and Microsoft. ....
DJC file photo [enlarge] The former Modera Jackson is in what some call the Atlantic neighborhood; others might term it Pratt Park. The fairly new Modera Jackson apartments, at 1801 S. Jackson St., have sold for just under $72.1 million, according to King County records. The seller was an LLC related to Mill Creek Residential, which acquired the land and master use permit in 2017 for $9.5 million, then built the project. The building was completed circa 2018. ....
Bell Partners Acquires Third Property in Greater Seattle Area 160-unit Modera Jackson apartment community will be renamed Bell Jackson Street News provided by Share this article Share this article GREENSBORO, N.C., Jan. 27, 2021 /PRNewswire/ Bell Partners Inc., one of the nation s leading apartment investment and management companies, today announced that it has acquired Modera Jackson, a 160-unit apartment community located in Seattle, Wash. The property, acquired on behalf of the firm s Fund VII investors, will be renamed Bell Jackson Street. The seller is Boca Raton, Florida-based Mill Creek Residential. Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), served as broker on the transaction. ....
Mill Creek Announces Leasing Underway at Modera Broadway dailyrecordnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyrecordnews.com Daily Mail and Mail on Sunday newspapers.