Mill Creek Residential Acquires Multifamily Property In Kirkland For $26.25M

An off-market sale of a 139,223-square-foot multifamily property located at 13003-13005 Northeast 70th Place in Kirkland, WA, was recently facilitated by JLL Capital Markets. The transaction amounted to $26,250,000 at a price per square foot of $189, representing buyer Mill Creek Residential.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $26,250,000
• Address: 13003-13005 Northeast 70th Place
• Market: Kirkland, WA
• Seller: Totem Bowl & Investments, Inc
• Brokers: Chris Ross, Corey Marx, David Young, Jordan Louie, Michael Lyford & Reed Curtis - JLL

JLL Capital Markets played a crucial role in executing the off-market deal for the multifamily property in Kirkland. The involvement of brokers Chris Ross, Corey Marx, David Young, Jordan Louie, Michael Lyford, and Reed Curtis from JLL ensured a successful transaction for both the seller, Totem Bowl & Investments, Inc, and the buyer, Mill Creek Residential.