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April 19, 2022

MainStreet buys $12M Kirkland site

KIRKLAND — MainStreet Property Group has acquired about half the Totem Lake development site where, with Gensler as its architect, a 16-story, 300-unit apartment project is planned. That proposal is now in design review.

King County recently recorded the roughly $12.4 million sale at 12707 N.E. 128th St. in Kirkland. Public records indicate a loan from Banner Bank. The buyer of record was Swyft Totem Lake LLC; Swyft is the project name. That's an alternate spelling for the bird commonly known as a swift.

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