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Seattle-area apartment sale showcases investment uptick across region

GID Investment buys Kirkland apartment complex in one of region’s top deals
July's sale of the Skyglass Tower is the largest to take place in Seattle this year.  (CoStar)
July's sale of the Skyglass Tower is the largest to take place in Seattle this year. (CoStar)
CoStar News
September 3, 2024 | 10:13 P.M.

An apartment complex near Seattle sold for one of the highest prices seen in the area this year, serving up another sign that some multifamily investors are moving off the sidelines, lured by renewed rent growth and a decline in new construction.

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