Originally published: bizjournals.com The Wilcox apartment building in Ballard traded for $45.2 million in a deal recorded Thursday by King County. The 132-unit, 144,000-square-foot building is at 2003 NW 57th St. The buyers are a joint venture between Seattle-based Timberlane Partners’ acquisition fund TAF and Santiago, Chile-based Stars REI. The seller is affiliated with J.P. […]
Acquisitions
“Little Tuscany” Multifamily Asset Acquired by Timberlane Partners in Olympia for $37M
Originally published: connectcre.com Timberlane Partners, a leading Seattle real estate investment manager, purchased the 143-unit three-story multifamily building known as Little Tuscany from Fern Street Partners LLC dba Commercial Property Services Inc. Situated in Olympia’s South Westside neighborhood, the building occupies a 5.8-acre plot, including studios, multi-bedroom and townhome-style apartments. The $37-million purchase represents a […]
Timberlane Partners Acquires 143-Unit ‘Little Tuscany’ Apartment Building in Olympia for $37MM
Originally published: news.theregistryps.com Acquisition of 143-Unit Apartment Building in South Westside Neighborhood Marks Company’s First Purchase for New Timberlane Acquisition Fund Seattle, WA, June 1, 2023 — Timberlane Partners, a leading real estate investment manager based in Seattle, today announced their purchase of Little Tuscany apartments from Fern Street Partners LLC dba Commercial Property Services […]
Timberlane Partners Launches Acquisition Fund, Makes Key Hires
Originally published: connectcre.com Seattle-based real estate investment manager Timberlane Partners expanded its leadership team with three key executive hires. The new hires coincide with the firm’s launch of Timberlane Acquisition Fund, a product targeting institutional assets and designed to capitalize on the current disruption in commercial real estate markets in key Western states. “We have […]