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Champion Buys Land Parcel, Will Develop UW Student Housing

Champion Buys Land Parcel, Will Develop UW Student Housing

Champion Real Estate Company has acquired .33 acres of land near University of Washington in Seattle in a $7 million dollar transaction. The firm has also obtained approvals for the development on the site of Victory at the U, a 110-unit, 516-bed student housing community.

“Upon entering escrow in late 2019, we started to obtain entitlements to develop Victory at the U,” said Garrett Champion, Executive Vice President with Champion Real Estate Company. “We will continue to make strategic student housing acquisitions at name brand universities with inherent demand, including looking at new markets like Seattle.”

Victory at the U will feature vinyl plank flooring, quartz countertops and modern fixtures. Community amenities will include a study, fitness and rec center as well as a community rooftop deck. All bedrooms will be fully furnished and include TV and Sonos soundbars.

Dylan Simon of Kidder Mathews represented Champion and the seller.


Inside The Story

Champion Real Estate CompanyGarrett ChampionKidder Mathews Dylan Simon

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

  • ◦Sale/Acquisition
  • ◦Development