SEATTLE-Intercontinental Real Estate Corporation, a national real estate investment firm headquartered in Boston has acquired Belay and NOBA apartments.
This acquisition, made on behalf of Intercontinental's U.S. Real Estate Investment Fund, was originated out of the firm's Los Angeles office, led by Jessica Levin director, acquisitions.
Belay and NOBA are two apartment buildings consisting of 155 units, and are comprised of studio and one and two bedroom floor plans. Belay consists of 104 apartment units and represents 54,229 square feet of the portfolio. NOBA consists of 51 units and contributes 28,434 square feet to the portfolio. In total, the portfolio represents 82,663 square feet.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
