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Home Featured KKR’s $78MM Baldwyn Northgate Buy Was North King’s Only Q2 Apartment Sale, Setting a 4.8% Cap Rate Mark
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KKR’s $78MM Baldwyn Northgate Buy Was North King’s Only Q2 Apartment Sale, Setting a 4.8% Cap Rate Mark

November 2, 20262 Mins read10
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Space Needle between two apartment buildings in Seattle
Photo by Gantavya Bhatt on Unsplash
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A single institutional trade beside the Northgate light rail station accounted for all of North King County's second-quarter apartment sales volume, lifting the submarket's average price 35 percent from the first quarter and pushing its cap rate to the lowest reported in the Puget Sound region, according to Kidder Mathews.

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