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January 5, 2022

InterUrban Development spends another $9M on Tacoma apartment plan

By BRIAN MILLER
Real Estate Editor

Photo by Lee & Associates [enlarge]
The little bank, at right, could end up as amenity space for the apartments planned at 1119 Pacific (left).

Following its November acquisition of a century-old office tower at 1119 Pacific Ave. in downtown Tacoma, which it plans to convert to apartments, InterUrban Development has spent another $8.8 million on two smaller companion buildings. Pierce County recorded the latest sale last week. The buyer of record was 111X Pacific LLC; there were three sellers, all local investors.


 
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