Goldman Sachs And Virtú Investments Acquire Multifamily Skyglass Tower From Gemdale USA For $173.8M
Washington
See Similar DealsGoldman Sachs And Virtú Investments Acquire Multifamily Skyglass Tower From Gemdale USA For $173.8M
757 Thomas Street
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The multifamily asset involved in this transaction is the Skyglass Tower located at 757 Thomas Street in Seattle, WA. The property features a total of 338 units with a price per unit of $514,201, and the sale price was $173,800,000. The luxury tower is designed by HEWITT Architecture and is LEED Gold-certified, incorporating amenities such as a rooftop green space and coworking spaces. It is strategically situated near major tech campuses.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $173,800,000
- Buyer: Goldman Sachs & Virtú Investments
- Seller: Gemdale USA
- Units: 338
- Price Per Unit: $514,201
- Brokers: Dave Karson, Marc Renard & Sam Wayne - Cushman & Wakefield
The acquisition involved a joint venture between Goldman Sachs and Virtú Investments, who assumed a construction loan from Corebridge Financial as part of the transaction. The involvement of experienced brokers from Cushman & Wakefield indicates a well-coordinated effort in navigating this multifaceted deal within the Seattle market.
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