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SEATTLE, WA - CBRE announced the sale of Madison Park, a 95,676-sq.-ft. multifamily community in Bothell, Washington. An undisclosed buyer acquired the property. Eli Hanacek, Kyle Yamamoto, Jon Hallgrimson, and Mark Washington with CBRE’s Pacific Northwest multifamily team represented the seller. Located at 20520 Bothell Everett Highway, Madison Park was built in 1990 with 110 apartment units comprised of one- and two-bedroom floorplans averaging 870 sq. ft. Community amenities include...

AUBURN, WA - CBRE announced the $44.5 million sale of Neely Station, a 190-unit multifamily community in Auburn, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Goodman Real Estate Inc. The property is located at 1433 8th Street NE in Auburn, a suburb south of Seattle. Built in 1968, the garden-style community consists of 25 two-story buildings on 9.5 acres....

BREMERTON, WA - CBRE announced the $48.5 million sale of the Insignia Apartments in Bremerton, Washington, to a confidential buyer. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Security Properties. Built in 2017, Insignia Apartments is a garden-style multifamily community with 12 buildings on 6.9 acres, located at 1060 Insignia Loop. One- and two-bedroom floorplans make up the 162 units with...

SEATTLE, WA - CBRE announced the $17.5 million sale of a 0.61-acre site located at 2700 1st Avenue in downtown Seattle’s Belltown neighborhood, to a confidential buyer. The 26,640-sq.-ft. parcel is zoned for residential development up to 267 units. Eli Hanacek, Jon Hallgrimson, Frank Bosl and Kyle Yamamoto with CBRE’s Pacific Northwest-based multifamily team represented the seller, Churchome. The zoning allows for high-rise or mid-rise residential development with a maximum...

SEATTLE, WA - CBRE announced the sale of Park South Apartments, a 252-unit multifamily complex in Seattle’s South Park neighborhood. Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto of CBRE’s multifamily team in Seattle represented the seller, Jackson Square Properties. Located at 10102 8th Avenue S in Seattle, Park South Apartments includes in-unit washer and dryers, newly renovated interiors, wood-burning fireplaces and modern appliances. The property also has a...

SEATTLE, WA - CBRE announced the $90 million sale of Alley24, a 172-unit multifamily community located in Seattle’s South Lake Union neighborhood. The CBRE team of Eli Hanacek, Jon Hallgrimson, Mark Washington and Kyle Yamamoto represented the seller, The Jacobson Company, a leading private real estate investment and management company. Built in 2006 and remodeled in 2014, Alley24 encompasses two, six-story buildings. Floorplans range from studios to two-bedroom homes with an average...

SEATTLE, WA - CBRE announced the sale of Ambrose, a 216-unit apartment property in Bremerton, Wash., to San Francisco-based Jackson Square Properties. CBRE’s Jon Hallgrimson, Eli Hanacek, Mark Washington and Kyle Yamamoto represented the seller, an affiliate of The Wolff Company, in the transaction. The garden-style property, located at 4520 Bay Vista Boulevard, features one-, two- and three-bedroom homes averaging 836 sq. ft. The community also has an outdoor pool and spa. An...

SEATTLE, WA - CBRE announced the $8 million sale of a land parcel located in north Seattle’s Fremont neighborhood to Kamiak, a real estate investment firm. Kyle Yamamoto, Jon Hallgrimson and Eli Hanacek represented the seller. The 22,920-sq.-ft. parcel is being considered for future mixed-use multifamily development. The property is located at 4318, 4312 and 4302 Stone Way North, two blocks from N 45th Street’s numerous retail amenities. There are nearly 190 restaurants, bars and...

SEATTLE, WA - CBRE has completed the sale of 207 East, a newly constructed apartment community in Edgewood, Wash., to Security Properties. Jon Hallgrimson, Eli Hanacek, Mark Washington and Kyle Yamamoto with CBRE Pacific Northwest Multifamily group in Seattle represented the seller, The Wolff Company. Built in 2020, 207 East has 288 apartment homes with one-, two- and three-bedroom floor plans and an average unit size of 892 sq. ft. The property has 14 buildings on 16 acres. Community...