LEX Markets To Take Another Building Public In An IPO

Last fall, LEX Markets launched an IPO for a partial share of a retail-and-office property in New York City that was open to investors with a minimum of $250 to put in. After similar “multiple successful IPOs,” the company is taking a Seattle building public, according to a company press release.

The building, Solis, is in the Pine-Pike corridor and is another mixed-use development, this time combining multifamily and retail with a sustainability focus. The six-story building has “34,260 square feet of total rentable space: 5,960 square feet across three retail units on the first floor, and 28,300 square feet across 45 residential units for rent on floors two through six.”