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First Phase of Talus Deal Goes Through

ISSAQUAH, WA-A joint venture project that is being developed by the Seattle-based real estate development company Intracorp and Olympus Real Estate Partners in Dallas, Talus is a 630-acre mountain-side community that will include more than 1,700 single- and multi-family units, 800,000 sf of commercial space and 50,000 sf of retail space.

By Michelle Savage | Updated on July 09, 2002

ISSAQUAH, WA-According to Talus officials, Conner Homes Company and Lozier at Cougar Mtn., LLC, have closed on the first phase of a deal to purchase 114 fully developed sites at Talus’ master-planned community.

Talus, a joint venture project that is being developed by the Seattle-based real estate development company Intracorp and Olympus Real Estate Partners in Dallas, is a 630-acre mountain-side community that will include up to 1,735 single- and multi-family homes or apartments, 800,000 sf of commercial space and 50,000 sf of retail space.

Talus has negotiated a contract with Conner and Lozier at Cougar Mtn, LLC, is for the purchase of a total of 114 home sites. According to a Talus spokesperson, there are several “phases of closing” inherent to this land deal, with the first closing phase occurring this week.

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