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July 28, 2011

Paragon and Lake & Co.

Cathy Jeney of Paragon Real Estate Advisors represented Cashell Investments LLC of Seattle in the $2.16 million sale of Cheri Plaza, a 14-unit Seattle apartment at 6547 Fourth Ave. N.E. Leon Woffinden of Lake & Co. represented the buyer, Peony Property Holdings LLC of Saratoga, Calif. The all-cash deal closed in 17 days. Dave Smith of Paragon represented Terrace Building LLC in the $770,000 sale of the six-unit Terrace Apartments, 1014 E. Terrace St. in Seattle, to Terrace IR LLC of Seattle. The buyer will make improvements, according to Paragon.




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