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Real Estate

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February 22, 2019

Nuveen pays Simpson $245M for 578 units on the Eastside

Journal Staff Reporter

Photo by Lawrence Monis/trueONE Group [enlarge]
One of the properties that sold is The Metro 112. It was developed in two phases between 2008 and 2018, and has 374 units in three buildings. This is Phase II, at 288 111th Ave. N.E.

In three transactions worth $244.6 million, Simpson Housing of Denver has sold two Eastside apartment complexes to Nuveen, the investment management arm of TIAA.

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