TACOMA, WA—Marking its sixth acquisition in Washingtonstate, San Diego-based Pathfinder Partners,LLC has purchased Hannah Heights, a sixstory 35-unit condominium building at 415 6thAvenue in downtown Tacoma. Pathfinder acquired theproperty through a court-appointed receivershipsale from a regional bank.
Built in 2007, the project, which is 100% leased, consists of 24one-bedroom/one-bath, ten two-bedroom/two-bath and onethree-bedroom/two-bath units ranging from 854 to 1,429square feet, including seven two-storypenthouses.
According to Lorne Polger, senior managingdirector of Pathfinder Partners, his firm will continue to operateHannah Heights as a rental community for the immediate future andplans to complete several common area improvements – including newhallway wall art, new lighting and painting and designer upgradesto the leasing office and lobby, as well as updating andmodernizing the onsite gym.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
