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MIRO at Dash Point MIRO at Dash Point sold for $71.5 million, demonstrating the region’s strong market fundamentals.

FEDERAL WAY, WA—Market fundamentals here support workforce housing, which is evident in the recent $71.5 million sale of the MIRO at Dash Point Apartments. Both parties were California based as the seller of the 386-unit multifamily garden-style property was San Francisco-based FPA MultiFamily. The buyer was San Diego-based RedHill Realty Investors.

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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