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JLL Facilitates $49M Sale of Everett Multifamily Property
JLL has secured the $49 million sale of Nimbus, a 165-unit luxury multifamily property in Everett, Washington.
JLL worked on behalf of the seller, Trent Development. JLL Capital Market’s Investment and Sales Advisory team representing the seller was led by Senior Managing Directors David Young and Corey Marx and Senior Director Chris Ross. The buyer was CEP Multifamily.
Nimbus Apartments, located at 2701 Rockefeller Ave., offers access to major employers in the area, including Boeing’s largest manufacturing facility and Naval Station Everett. The community is situated within five minutes of I-5, providing easy connectivity to the broader Seattle metro area.
Completed in 2022, Nimbus is a modern eight-story residential complex offering a mix of studios, one- and two-bedroom units. “The sale of Nimbus demonstrates the continued investor interest in high-quality multifamily assets in the Puget Sound region,” said Young. “Everett’s strong fundamentals, coupled with the property’s exceptional quality and strategic location, made this an attractive acquisition opportunity in today’s market.”
