The 261-unit Leva on Market apartments (1545 NW Market St) have just sold for $95 million.
The buyer, Bell Partners, is a national property management firm based in North Carolina. Bell now owns seven apartment complexes in the Seattle area: Its other properties include one in the Central District in Seattle, one in Lynnwood, three in Redmond, and one in Kirkland.
Bell Partners have renamed Leva to Bell Ballard.
Leva opened in 2009. At the time, it was one of only a few large apartment buildings in Ballard—the Urbana apartments across the street opened in 2014.
Along with its 261 units, the apartment complex has ground-floor retail home to Waxing the City, Tropical Tan, and Club Pilates, which just opened earlier this year.
Photo: Google Image Capture