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Security Properties Snags Newly-Built Issaquah Multifamily for $163M
Security Properties and Pacific Life acquired Anthology, a 398-unit Class A new construction multifamily property located in Issaquah for $163,250,000. The seller was reportedly an entity related to the Wolff Co. The acquisition boosts Security Properties’ Puget Sound portfolio to 5,600 units.
Security Properties’ Davis Vaughn says, “the opportunity to own scale off-market in Issaquah was something we could not pass up. The combination of outstanding schools, proximity to employment, and lack of future supply results in a dynamic location with long-term upside.”
Anthology offers such amenities as a two-story clubhouse with game room, shuffleboard, billiards, conference room, fireplace lounge, and community kitchen. The asset, located at 1610 Anthology Ave. NW, also features a fitness center with yoga studio and bike room, outdoor pool with BBQs, 24/7 package access, bicycle storage and repair station, park with patio seating, and access to nature trails.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


