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October 3, 2022

192 Redmond units sell for nearly $79M

REDMOND — Olde Redmond Place, at 7001 Old Redmond Road, sold last week for a bit over $78.8 million, according to King County records.

The seller was Redmond Place LP, which is associated with Gerson Bakar, a Bay Area investment group that acquired the property in 2015 for almost $47 million.

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