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Real Estate
 Lynn Porter Real Estate Editor |
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June 15, 2006
Real Estate Buzz: A '10' apartment fetches record price
By LYNN PORTER
Real Estate Editor
Real Estate Editor
A Kirkland apartment complex recently sold for $29.5 million — or $198,000 per unit — the most expensive per unit sale this year in King, Pierce and Snohomish counties for complexes with 75 apartments or more.
Kirkland-based Weidner Investments bought the 149-unit Aspen Creek Apartments at 11101 123rd Lane N.E. from a Singapore investor, according to Hendricks & Partners broker Kenny Dudunakis, who represented the seller and buyer. The investor was advised by Falcon Real Estate Investment Co. of New York.
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Previous columns:
- Real Estate Buzz: Hotel/condos go together like love/marriage, 06-01-2006
- Real Estate Buzz: Puget Sound retail market one to watch, 05-18-2006
- Real Estate Buzz: Freeman laments the roads not taken, 05-04-2006
- The Buzz: back by popular demand, 04-20-2006
- Many stories, little time — especially now, 12-22-2005
- Real Estate Buzz: Perseverance pays off for Bob Watson, 12-15-2005
- Real Estate Buzz: Selig finds a building he doesn’t like, 12-08-2005
- Real Estate Buzz: Changes may come at Clise Properties, 12-01-2005