MIG Real Estate has snapped up another Seattle-area property with the $54.5 million acquisition of the 152-unit BluWater apartment complex in Everett. The sale price works out to about $359,000 per unit, well above average in Snohomish County, where sales for buildings with 50 units or more averaged $252,000 per unit through third quarter last year.
For the full story, go to the Puget Sound Business Journal.
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