AvalonBay Expands Redmond Footprint with Strategic $15.6MM Acquisition

Real estate giant adds key parcel to ambitious 2,500-unit development near Microsoft campus AvalonBay Communities has acquired the Timberlawn Apartments complex in Redmond for $15.6 million, expanding its foothold for what could become one of the region's largest transit-oriented housing developments. The purchase of the 2.2-acre property at 15850 N.E. 40th Street represents the latest […]