Thayer Manca Residential Sheds Lakewood Apartment Building for $60M

Puget Sound Business Journal   |   Shawna De La Rosa

Posted In — News & Press | In the News

Thayer Manca Residential (TMR) has sold its 231-unit Citizen & Oake Apartments property in Lakewood to Clarion Partners for $60 million.

The Seattle-based investment firm purchased the property in 2016 for $33 million and spent $4.8 million renovating the 191,000-square-foot asset.

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