WOODINVILLE, WA-Grosvenor Americas has paid slightly over $58.4 million for Waterford Place, an apartment community consisting of 360 units at 13305 N.E. 171st St. in Woodinville. Colorado-based Archstone was the seller of the 18-acre multifamily property.
The apartment complex was constructed in 1989. The new owner has plans to renovate the Waterford Place apartment interiors, clubhouse and landscaping. Archstone was represented in the deal by Kim Grant and Pete Shelton from Cushman & Wakefield Commerce. For the full story, go to Puget Sound Business Journal .
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