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March 17, 2010

Renton multi-family site sold for $7.2M

RENTON — A limited liability company bought just over 1.6 acres of land zoned for multi-family development in the Renton Highlands for nearly $7.2 million, public records show.

Two years ago, an LLC controlled by real estate investment company Phillips Edison bought a portion of the property at Northeast Fourth Street and Union Avenue Northeast for nearly $1.9 million.


 
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