Chinese Investor Purchases Uptown 11 Apartments in Seattle for $32.3M

CVS occupies the ground-floor retail space at Uptown 11.

SEATTLE – China-based Xaio Investment Co. has acquired the 34-unit Uptown 11 apartment complex in Seattle for $32.3 million. The community is located at 11 W. Mercer St. CVS occupies the ground-floor retail space. Units range from studios to two-bedroom units. The seller was Velmeir Cos.

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