SEATTLE-Three suburban multifamily properties have changed handsthis month for more than $90 million. Archon bought the 504-unitFulton's Crossing at 120 S.E. Everett Mall Way in Everett for $49.7million from Holland Partners/Guggenheim Real Estate.

In Kirkland, Essex bought Ascent Apartments for $15.85 millionfrom San Francisco-based Ascent Apartments and 1031 ExchangeProfessionals purchased the 140-unit Sancerre Apartments at 12648N.E. 144th St. for $24.9 million from Sancerre Apartments LimitedPartnership. Hendricks & Partners and Moran & Co. wereinvolved in the deals. For the full story, go to Puget Sound Business Journal .


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.