Pacific Urban Buys 192-Unit Redmond Apartment Complex for $79MM

The Registry Pacific Northwest   |   Vladimir Bosanac

Posted In — News & Press | In the News

The multifamily property market across the greater Puget Sound region seems to be picking up in the fourth quarter of 2022. One deal that closed at the end of September is an indication that interest in this region remains strong. In a $79 million deal, or roughly $411,458 per unit, Palo Alto, Calif.-based Pacific Urban purchased the 192-unit Olde Redmond Place apartment property located at 7001 Old Redmond Rd in Redmond.

For the full story, go to The Registry Pacific Northwest.

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