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Bell Partners Acquires Third Multifamily Property in Greater Seattle Area With 160-Unit Modera Jackson Apartment Community - Vimarsana News

Bell Partners Acquires Third Multifamily Property in Greater Seattle Area With 160-Unit Modera Jackson Apartment Community

SEATTLE, WA - Bell Partners Inc., one of the nation's leading apartment investment and management companies, announced that it has acquired Modera Jackson, a 160-unit apartment community located in Seattle, Wash. The property, acquired on behalf of the firm's Fund VII investors, will be renamed Bell Jackson Street. The seller is Boca Raton, Florida-based Mill Creek Residential. Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), served as broker on the transaction. Bell Jackson Street is located in the heart of Seattle's historic Central District, giv...

Seattle DJC.com local business news and data - Real Estate - 160 Central Area units sell for $72M - Vimarsana News

Seattle DJC.com local business news and data - Real Estate - 160 Central Area units sell for $72M

DJC file photo [enlarge] The former Modera Jackson is in what some call the Atlantic neighborhood; others might term it Pratt Park. The fairly new Modera Jackson apartments, at 1801 S. Jackson St., have sold for just under $72.1 million, according to King County records. The seller was an LLC related to Mill Creek Residential, which acquired the land and master use permit in 2017 for $9.5 million, then built the project. The building was completed circa 2018.  

Source: djc.com
Bell Partners Acquires Third Property in Greater Seattle Area - Vimarsana News

Bell Partners Acquires Third Property in Greater Seattle Area

Bell Partners Acquires Third Property in Greater Seattle Area 160-unit Modera Jackson apartment community will be renamed Bell Jackson Street News provided by Share this article Share this article GREENSBORO, N.C., Jan. 27, 2021 /PRNewswire/ -- Bell Partners Inc., one of the nation's leading apartment investment and management companies, today announced that it has acquired Modera Jackson, a 160-unit apartment community located in Seattle, Wash. The property, acquired on behalf of the firm's Fund VII investors, will be renamed Bell Jackson Street. The seller is Boca Raton, Florida-based Mill...