Canadian Investor Buys Downtown Bothell Apartments for $63M

MainStreet Property Group sold the 203-unit Six Oaks, a new mixed-use apartment development, in Downtown Bothell, for $63M.

The buyer is Belkorp Holdings, part of Belkorp Industries, a Vancouver, BC, company. As home to biotech, medical device and other companies, Bothell is drawing investors.

Portland-based McMenamins recently opened its first Seattle-area entertainment complex and hotel in an 84-year-old Anderson School in Bothell that it renovated for $26M. [PSBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Seattle Newsletters
Related Stories

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing

Riverwards Group Secures Construction Financing For 155 Units In Olde Richmond

Mesirow Pays $132M For Midtown Luxury Apartment Tower

Integra Acquires Evacuated Broward Condo Complex Via Court-Ordered Auction