After multiple successes in New York, LEX is taking another building public, this time it’s the SOLIS mixed-use sustainable property in the Pine-Pike Corridor of Seattle. The offering is currently live on the LEX platform.
SOLIS is surrounded by a lively-mix of restaurants, bars and prime retail entertainment venues, as well as convenient proximity to major tech employers and large universities. SOLIS is 100% leased and is built to Passive House standards, designed to operate using substantially less energy and achieve significant cost savings.
“This new IPO represents a major step forward in LEX’s mission to democratize the $17 trillion U.S. commercial real estate market. SOLIS will expand our innovative approach to commercial real estate investing to one of the most highly in-demand markets in the country,” said Drew Sterrett, LEX Co-Founder in a news release.
SOLIS is open to all U.S. investors, and will be assigned a ticker once the IPO ends. Shares can be purchased through any brokerage account and will trade on the secondary market, just like any other stock.