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July 16, 2021

Spring District ground lease deals total over $263M

Real Estate Editor

Rendering by Studio 216 [enlarge]
Looking northwest along 124th, Block 24 is in the foreground, with Block 16 to the north (right).

In a half-dozen related and complicated transactions at the Spring District in Bellevue, worth about $263.5 million, Brookfield Asset Management has separated the land and buildings of Block 16 and Block 24.

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