SEATTLE-Developer Holland Partners of Vancouver, WA, has spent $80 million for a 5.5 acre redevelopment site where it plans to build 800 apartments in a phased project.

The project could also include hotel and office buildings, according to a report in the Seattle Times.

The property, between Westlake Avenue North and Dexter Avenue North, includes three buildings. The seller was Equity Office Properties, Chicago.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

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.