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Real Estate
 Marc Stiles Real Estate Editor |
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July 28, 2005
Real Estate Buzz: A new price record for multifamily?
By MARC STILES
CB Richard Ellis Senior Vice President Jon Hallgrimson and First Vice President Frank Bosl's hold on a trio of coveted multifamily price records will be broken if the rumored sale of the swanky Carillon Heights in Kirkland goes through.
Earlier this year, Hallgrimson and Bosl negotiated the $26 million sale of Cliffside, a 279-unit Mount Rainier-view property in Gig Harbor on a bluff overlooking Puget Sound. That worked out to nearly $93,190 per unit — the highest recorded price for a Pierce County rental property.
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Previous columns:
- Real Estate Buzz: Condo demand makes many new converts, 07-14-2005
- Real Estate Buzz: Molloy wants to sink North Bay plan, 07-07-2005
- Real Estate Buzz: Lusty Lady gives developers an eyeful, 06-23-2005
- Real Estate Buzz: Mueller's latest project: a new job, 06-16-2005
- Real Estate Buzz: Things looking up for Meridian Block, 06-09-2005
- Real Estate Buzz: EOP mum on plans for Bellevue lot, 06-02-2005
- Real Estate Buzz: 3rd time not the charm for Olive 8, 05-26-2005
- Real Estate Buzz: Hot times in Lacey warehouse market, 05-19-2005