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September 18, 2025

In $396M deal, Washington Holdings sells portfolio to Security Properties

  • The sale includes 903 units, plus a MUP for 142 more.
  • By BRIAN MILLER
    Real Estate Editor

    Photo by Aaron Locke via Baylis [enlarge]
    The Hayes, at 3627 Stone Way N., sold for about $57.6 million.

    In a $396.1 million portfolio sale this week between two local shops, Washington Holdings has sold to Security Properties five apartment buildings with a stated 903 units. All are fairly new, all were developed by the seller, and all are trading for the first time. King County recorded the flurry of deals on Tuesday.


     
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