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Avana 522 The low-density 56-acre community, Avana 522, was built in 1988 and expanded in 1999.

BOTHELL, WA—In one of the largest multifamily transactions in Seattle this year, Decron Properties recently acquired Avana 522, a 558-unit multifamily property, for $173 million. The transaction marks the Los Angeles-based real estate firm’s entry into the Pacific Northwest real estate market after years of due diligence.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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