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December 12, 2017

Central Area units sell for $4.2M

SEATTLE — The Chateau apartments, at 119 19th Ave., sold for $4.2 million, according to King County records. The seller was Urban Development Associates, which has owned the Central Area property for decades.

The buyer was CRE 6016 LLC, which is associated with Cadence Real Estate. Cadence specializes in infill apartment projects, sometimes adding new units in the parking lots of complexes it upgrades.


 
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