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January 25, 2011

Eastside Multi-Family Complex Sells for $3.2 Million

BELLEVUE, WA - Del Mar Village Enterprises, LLC, a Seattle area investor, successfully completed the sale of Del Mar Village Apartments, a 30-unit complex located at 12828 Newcastle Way in Newcastle. Apartment investor, Del Mar Apartment, LLC, purchased the complex for $3.2 million. Jim Nichols and Mark McAlister of Kidder Mathews and Don Pickens of Westec Ltd. represented both buyer and seller in the transaction.

Kidder Mathews is one of the largest independently owned commercial real estate firms on the West Coast, with more than 200 brokers in 9 offices in Washington, Oregon, and California performing $6 billion in transactions over the last 3 years. For more information, go to www.kiddermathews.com.

For inquiries, please contact Karen Benoit at 206.296.9600 or email: kbenoit@kiddermathews.com

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