Commercial real estate has proven its resiliency, and private investors are also looking to capitalize on the market. In a recent deal, the Grand Pacific Apartments in Tacoma sold for $33.5 million, or about $250,000 per unit. The buyers were several individuals affiliated with Tacoma-based Grand Pacific Apts. LLC, according to public records. The sellers are associated with Kenneth Rody of Grand Pacific LLC.
For the full story, go to The Registry Puget Sound.
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