Seattle & Northwest + Seattle + Apartments | April 28, 2023

Harbor Custom Development to Sell Port Orchard Development Site

Harbor Custom Development, Inc., a real estate company involved in all aspects of the land development cycle, has entered into a contract to sell the land and site improvements for the future Bridge View Trail apartments in Port Orchard, WA to a leading, fully integrated global real estate company for $11,000,000.

The anticipated closing of the property would occur on or before June 30, upon the buyer’s satisfaction and waiver of its feasibility contingency.

The planned 138-unit complex will include garden-style apartments on a 9.13-acre site off Harold Dr. SE in Port Orchard. It will be conveniently located approximately 20 minutes from the Southworth and Bremerton ferry terminals, with direct access to the Seattle core job market.

In addition, the property is approximately a 15-minute drive to Naval Base Kitsap, a major contributor to the regional economy with approximately 40,000 employees tied to the military and defense industry.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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