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Real Estate

Lynn Porter
Real Estate Editor
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January 11, 2007

Real Estate Buzz: Kauri buys complex for condo conversion

Real Estate Editor

Kauri Investments has bought a 55-unit apartment building to convert to condos in what the company said is an “unbeatable” location: one block from Vulcan's expansive 2200 complex on Westlake.

A limited liability company of which Seattle-based Kauri is the only member purchased the Aristo Apartments at 2015 Terry Ave. from the Lui family for $13.3 million, or $241,919 a unit, according to Kauri President and CEO Kent Angier.

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