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HB Management Acquires Denny Triangle Properties

SEATTLE—Locally-focussed firm to blans to erect two 400-foot apartment towers on the half-block site, featuring 850-950 units plus ground-level retail.

By David Phillips | Updated on October 01, 2015

SEATTLE—Seattle-based real estate investment firm HB Management, led by local developers Ed Hewson and Jon Breiner, has assembled and acquired a downtown Seattle apartment site from Antioch University and from a private owner for combined price of $30.5 million. 

Located one block from Amazon’s new three-tower campus on 6th Avenue between Battery Street and Bell Street in Seattle’s booming Denny Triangle neighborhood, the half-block site totals approximately 38,000 sq. ft. of 400-foot zoned multifamily land. The site is currently occupied by a surface parking lot and a two-story, 65,000 square foot office building.

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