Tuesday, November 6, 2012

Aspira Sells For $165.7 Mil

The Aspira apartment building Downtown near South Lake Union was bought by T-C Aspira LLC on Thursday November 1 for $165.7 million, according to the Puget Sound Business Journal. Urban Partners and O’Conner Capital Partners developed the 37 story building, which has 325 units, and 6,500 sf of retail space.
The price per unit of this building after the sale is far beyond anything in the Puget Sound area. Based on the availability,the price per unit has been configured to $509,760 per unit, not including the retail space. For more information on the sale and building, visit the Aspira Apartments website.

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