SEATTLE—Heitman Real Estate Investment Management has purchased Dimension, a 27-story 298-unit luxury residential tower from Wood Partners.

Wood Partners announced the sale the downtown property on Thursday. The firm would not disclose the purchase price to GlobeSt at this time. Wood Partners put Dimension on the market in June.

“Dimension is another example of an integrated business model that Wood Partners has successfully employed to create a unique and beautiful asset,” said Brian Hansen, western region development director for Wood Partners. “Connecting residents to the true Seattle culture and creating a backdrop to foster culture was a main focus of this development, and its success within the community is a testament to those efforts.”

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.