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GW Williams Buys Seattle Area MF

REDMOND, WA—Grosvenor Americas sold the 150-unit property to the private, California-based firm for $43 million.

By David Phillips | Updated on July 06, 2015

REDMOND, WA—Property development and investment company Grosvenor Americas has sold Peloton Apartments, a 150-unit multifamily property located in Redmond. G.W. Williams Co., a private firm headquartered in San Mateo, CA, purchased the property for $43 million.

Grosvenor extensively renovated and upgraded the property after acquiring it in 2007. The refurbishment included a wide range of amenities: an outdoor heated pool and sundeck, fitness center, lounge, community BBQ and picnic area. The apartment homes, which range in size from 708-981 square feet, feature modern finishes, including stainless steel appliances and hardwood flooring.

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