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1st Avenue South
SOLD

Silver Cloud Hotels Acquires Parking Lot In Seattle, WA For $13.5M

1st Avenue South

Other
18,000 SF
clock iconSold 1 year ago
Stren Lea
Dave Speers
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Summary

Sale
WASHINGTON
Other
18,000 sqft

An 18,000 square foot parking lot located at 1st Ave S in Seattle, WA was sold for a price of $13,500,000. The buyer, Silver Cloud Hotels, acquired the property from the seller, Apple Family. The transaction was facilitated by Dave Speers from Kidder Mathews, who represented the buyer, and Stren Lea from Marcus & Millichap, who represented the seller.

Summary of transaction details

  • Property Type: Parking Lot
  • Transaction Amount: $13,500,000
  • Address: 1st Ave S, Seattle, WA
  • Market: Seattle, WA
  • Buyer: Silver Cloud Hotels
  • Seller: Apple Family
  • Buyer's Representative: Dave Speers - Kidder Mathews
  • Seller's Representative: Stren Lea - Marcus & Millichap
  • SF: 18,000
  • PPSF: $750

Notable individuals involved in the transaction included Dave Speers from Kidder Mathews, who represented Silver Cloud Hotels in the deal, and Stren Lea from Marcus & Millichap, who represented the Apple Family.

Players

  • All

    4

  • Agents

    2

  • Agencies

    2

Stren Lea's profile picture
Stren Lea
Marcus & Millichap-image
First Vice President Investments
$16.9M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Dave Speers & Stren Lea DATE: 10/11/2022 ADDRESS: 1st Ave S MARKET: Seattle, WA ASSET TYPE: Parking Lot BUYER: Silver Cloud Hotels SELLER: Apple Family BUYER'S REP: Dave Speers - Kidder Mathews SELLER'S REP: Stren Lea - Marcus & Millichap SALE PRICE: $13,500,000 SF: 18,000 ~ PPSF: $750

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Address1st Avenue South

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