TACOMA, WA-Onward LLC, a Minnesota-based investment firm linked to Opus NW, has purchased a condominium development in Ruston near Tacoma for just below $11 million with plans to convert it into apartments. The property, formerly held by Commencement Group LLC, contains 60 units that are in different stages of completion.
The 1.17-acre property is situated at 5204 N. Bennett St. The new owner is planning to convert the property into 62 apartments. Construction is scheduled to begin early next year. For the full story, go to Puget Sound Business Journal .
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