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Weidner Apartment Homes Acquires MF Complex for $90M

Weidner Apartment Homes, a Kirkland-based global real estate investment and property management company, has acquired the 185-unit Uptown at Kirkland Urban apartments for $89.5 million. The 184,000-square-foot building was built in 2019 and was sold by PGIM, the investment management arm of Newark headquartered Prudential Financial.

Located at 550 Uptown Court, the development offers easy access to local employment hubs in downtown Bellevue, Redmond, and Seattle, including Microsoft’s headquarters, Meta’s regional hub, the Bellevue Central Business District and Google’s Kirkland office.

The property features a mix of studio, one- and two-bedroom units. Amenities include a fitness room, rooftop terrace, as well as views of Lake Washington. The building also has a 2,000-square-foot retail unit. The acquisition marks Weidner’s fourth property in Kirkland and grows its portfolio to 6,705 units in the greater Seattle area. Weidner also has properties in Alaska, Arizona, Arkansas, California, Minnesota, North Dakota, Oklahoma, Texas, Utah, Wisconsin and Canada.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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