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Real Estate

Brian Miller
Real Estate Editor
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May 26, 2022

On the Block: A one-building IPO on Capitol Hill? Lex is offering you a stake

Colliers put the 45-unit Solis on the market in December of 2020. That was not long after the six-story project opened at 1300 E. Pike St. on Capitol Hill. Surprisingly, it did not sell, and no broker now seems to be attached.

Developer SolTerra acquired the project and land, the former Fran's Chocolate corner, in 2018. Cascade Built then constructed the building, which was designed by Weber Thompson and taken through permitting by Barrientos Ryan. Solis began life as a potential condominium, then flipped to a rental property.

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