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May 19, 2022

Daly sells 130-unit Muir for over $54M

Real Estate Editor

Image from Bushnaq Studio [enlarge]
This view looks east across Rainier at the mixed-use development site.

Kidder Mathews announced Wednesday that it’s sold the fairly new 130-unit Muir apartments, at 718 Rainier Ave. S., for $54.5 million. The seller was an LLC associated with original developer Daly Partners, which acquired the land in 2017 for $5.6 million, then developed it.

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