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January 4, 2012

MacFarlane Partners buys apartment site

By JOURNAL STAFF

MacFarlane Partners of San Francisco recently made its first Seattle acquisition: a half acre in South Lake Union where it plans to build 160 market-rate apartments.

MacFarlane is a real estate investment manager and developer focused on urban projects. It paid the Boris V. Korry estate $6.25 million for the site, which is at the southwest corner of Thomas Street and Eighth Avenue North.


 
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