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Chambers Commercial Real Estate Sells Land in Seattle's Belltown Submarket

Skanska Acquires Land to Develop a 346-Unit Multifamily Property
November 7, 2017
Skanska, a project development and construction company, purchased the redevelopment land at 2208, 2212 and 2218 4th Ave. in Seattle, WA from Chambers Commercial Real Estate for $21.6 million.

The three parcels total 19,440 square feet. The buyer plans to develop a 346-unit multifamily tower with ground-floor retail at the site. Construction dates were not disclosed.

Katherine Laird, Campbell Mathewson and Michael Finch of Century Pacific LLP represented the seller.

Please see CoStar COMPS #4038653 for more information on this transaction.
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