Cushman & Wakefield Facilitates Sale of Two Multifamily Properties in Seattle Area

Cushman & Wakefield Facilitates Sale of Two Multifamily Properties in Seattle Area
Cushman & Wakefield Facilitates Sale of Two Multifamily Properties in Seattle Area

### Cushman & Wakefield Brokers Sale of Two Seattle Multifamily Properties

Cushman & Wakefield has facilitated the sale of two multifamily assets in Seattle, Washington, on behalf of private clients.

Located in the Capitol Hill and Magnolia neighborhoods, both properties offer proximity to downtown Seattle, South Lake Union, and Fremont. The transactions were managed by Cushman & Wakefield’s Tim McKay, Jacob Odegard, Dan Chhan, Matt Kemper, Dylan Roeter, and Byron Rosen, who represented the sellers in each deal.

The first transaction involved Marlene Renee Apartments, a vintage mixed-use apartment and office property in Capitol Hill. The property was acquired by BEVA 312 Harvard LLC for $5.6 million. The seller, Marlene Renee Partners LLC, had owned the asset since 1985.

The second transaction featured a six-unit apartment property located at 4324 36th Avenue W near Discovery Park. The asset was purchased by Aniso Magnolia, LLC of Washington for $1.38 million. The seller was an estate whose family originally constructed the property in the late 1970s.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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