RISE Properties Trust recently purchased Salix Juanita Village near downtown Kirkland.
KIRKLAND, WA—RISE Properties Trust, a Canadian real estate trust with operations based in Seattle, purchased Salix Juanita Village for $101.5 million. The transaction was brokered by JLL.
The property is part of the Juanita Village master-planned community, with its dozens of shops and restaurants. It has access to downtown Kirkland, the beach and parks.
Salix will be managed by Thrive Communities, a Seattle-based property management firm.
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
