Home Finance Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM
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Investco Sells 99-Unit Saffron Mixed-Use Property in Sammamish for $56.5MM

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View of lake Sammamish and Issaquah from Poo Poo Point
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Principal bought one of the Eastside’s rarely traded mixed-use properties, with apartment rents about $380 below the East King County average and no new units under construction within 4.5 miles. An entity affiliated with Des Moines, Iowa-based Principal has paid $56.5 million for Saffron, a 99-unit apartment and 47,304-square-foot retail property on the Sammamish Plateau. The […]

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