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January 5, 2006

Monterra Holdings

Redmond-based Monterra Holdings LLC, a real estate investment company focused on multi-family and commercial office investments, has acquired the 18-unit Olympic Suites apartment complex and an adjoining parcel of land for a total of 1.23 acres in Renton through a wholly-owned subsidiary. Monterra plans to explore partnerships to develop the adjoining parcel of land. Monterra focuses on development and acquisition in Washington and Arizona.




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