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Mesirow Acquires 451-Unit Villas At Beardslee From Holland Partner Group For $177 Million In Bothell

Property Image
SOLD
$177,000,000

Washington

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MultiFamily486,000 SF
Sold 10/03/2025
the dealdetailscomps
Property Image
SOLD

Mesirow Acquires 451-Unit Villas At Beardslee From Holland Partner Group For $177 Million In Bothell

19128 112th Avenue Northeast

See Similar Deals
MultiFamily486,000 SF
Sold 10/03/2025
the dealdetailscomps

Summary

WASHINGTON
Asset Type:MultiFamily
Price Per Square Foot:$364
Total Square Footage:486,000 SF
Transaction Type:Sale

The asset involved in the transaction is a multi-family property located at 19128 112th Avenue Northeast, Bothell, WA. The sale took place at a price of $177,000,000 for a total of 451 units, which results in a price per unit of $392,461. The property encompasses 486,000 square feet and has a price per square foot of $364, situated on 7.5 acres of land and includes 62,000 square feet of retail space.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $177,000,000
  • Units: 451
  • Price Per Unit: $392,461
  • Square Footage: 486,000
  • Price Per Square Foot: $364
  • Acres: 7.5
  • Buyer: Mesirow
  • Seller: Holland Partner Group

Mesirow has successfully completed the acquisition of the Villas at Beardslee mixed-use complex from Holland Partner Group, marking a significant transaction as the region’s third-largest real estate deal of the year. The deal encapsulates a strategic move in multi-family housing and mixed-use development in the Bothell market.

Players

Mesirow Financial
Mesirow Financial
BUYER
Holland Partner Group
Holland Partner Group
SELLER

Details

SOLD
IMAGE: 10/03/2025 ADDRESS: 19128 112th Avenue Northeast MARKET: Bothell, WA ASSET TYPE: MultiFamily ~ ACRES: 7.5 BUYER: Mesirow SELLER: Holland Partner Group SALE PRICE: $177,000,000 UNITS: 451 ~ PPU: $392,461 SF: 486,000 ~ PPSF: $364 NOTE: Mesirow has acquired the 451-unit Villas at Beardslee mixed-use complex in Bothell, WA, for $177 million from Holland Partner Group. The 486,000-s/f, five-building property spans 7.5 acres with 62,000 s/f of retail space and ranks as the region’s third-largest real estate deal of the year.

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