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Toll Brothers Sells Seattle Apartment Development Site to Greystar for $29 Million

Transaction Comes as Multifamily Rents Rise and Vacancies Decline
Toll Brothers had planned to build its first Pacific Northwest tower alongside the landmarked 1918 Franklin Apartments on Fourth Avenue, but it sold the property to Greystar. (CoStar)
Toll Brothers had planned to build its first Pacific Northwest tower alongside the landmarked 1918 Franklin Apartments on Fourth Avenue, but it sold the property to Greystar. (CoStar)
CoStar News
June 9, 2022 | 12:34 AM

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National homebuilder Toll Brothers sold a central Seattle site where it had planned its first tower property in the Pacific Northwest.

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News | Toll Brothers Sells Seattle Apartment Development Site to Greystar for $29 Million