According to a report by the Puget Sound Business Journal, the Broadstone Koi apartment complex (1139 NW Market St) sold for 57 million dollars last week.
The 180-unit complex was purchased by CBRE Global Investors, a limited liability company that buys real estate for investors.
According to the report, the company is one of the world’s largest real estate investment management companies with more than $90.2 billion in assets.
Alliance Residential Co. originally bought the site for $7 million back in 2008 and broke ground for the building of Broadstone Koi in September 2011.
Photo courtesy of King County Assessor’s Office.