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Jackson Square Properties Acquires 179-Unit Multifamily Property In DuPont WA For $48M

Property Image
SOLD
$48,000,000

Washington

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MultiFamily
Sold 12/05/2025
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Property Image
SOLD

Jackson Square Properties Acquires 179-Unit Multifamily Property In DuPont WA For $48M

1430 Wilmington Drive

See Similar Deals
MultiFamily
Sold 12/05/2025
the dealdetailscomps

Summary

WASHINGTON
Asset Type:MultiFamily
Transaction Type:Sale

The transaction involves the 179-unit multifamily asset known as Trax at DuPont Station, located at 1430 Wilmington Drive in DuPont, WA, which was sold for $48 million. The purchase price reflects a per unit price of $268,156.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $48,000,000
  • Units: 179
  • Buyer: Jackson Square Properties
  • Seller: Security Properties & Reinsurance Group of America
  • Broker: CBRE

Jackson Square Properties is the acquiring party in this transaction, securing the property from Security Properties and an affiliate of RGA. CBRE acted as the broker facilitating this deal.

Players

CBRE
CBRE
BROKERAGE
JP
Jackson Square Properties
BUYER
Reinsurance Group of America
Reinsurance Group of America
SELLER
Security Properties
Security Properties
SELLER

Details

SOLD
IMAGE: 12/05/2025 ADDRESS: 1430 Wilmington Drive MARKET: DuPont, WA ASSET TYPE: Multifamily BUYER: Jackson Square Properties SELLER: Security Properties & Reinsurance Group of America BROKER: CBRE SALE PRICE: $48,000,000 UNITS: 179 ~ PPU: $268,156 NOTE: Jackson Square Properties has acquired the 179-unit Trax at DuPont Station in DuPont, Wash., for $48 million from Security Properties and an RGA affiliate.

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