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Real Estate

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July 30, 2012

Admiral Safeway is sold for $31M

SEATTLE — Records show American Realty Advisors paid Safeway just over $30.7 million for a property at 2622 California Ave. S.W. in the Admiral District of West Seattle.

Safeway developed a mixed-use project there last year. It includes a 59,000-square-foot grocery store, 20,000 square feet of commercial space, 40 residential units and parking for 227 vehicles.

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