2021 Lawyers in Real Estate Awards
Last year, the Connect CRE team followed up our well-received Next Generation Awards and Women in Real Estate Awards with the inaugural Lawyers in Real Estate Awards. For...
2021 Women in Real Estate
Announcing the 2021 Winners for the Connect CRE Women in Real Estate Awards.
From hundreds of submissions, we have highlighted women with achievements and...
2021 Next Generation Awards
Connect Commercial Real Estate is proud to present the winners of our 2021 Next Generation Awards. In one of the most challenging years on record for the industry,...
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The M Sale at $138M is Highest PSF Multifamily in the Nation
The M, a 24-story student housing property in Seattle’s University District, recently closed at $138 million, marking the highest sales price-per-square foot in Seattle multifamily history and in fact, the country, according to Real Capital Analytics. On top of this milestone, The M ousts downtown Seattle’s Tower 12 priced at $825 per square foot. Next on the list is Ascent in South Lake Union priced at $799 per-square-foot and Belltown’s Joseph Arnold Lofts priced at $746 per-square-foot.
Colliers’ Tim McKay, Dan Chhan and Sam Wayne represented the seller in the historic deal.
“This exit value validates the many other towers that are under construction or being planned in the U-District and we expect to see high-rise sales activity accelerate over the next few years as a result,” said Chhan.
The M is the University District’s first high-rise apartment tower to be delivered in more than 30 years. This was made possible through the 2018 comprehensive rezoning which increased the height and density limits in this neighborhood as well as Seattle’s other urban centers.
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.