Concord Pacific Buys Multifamily Development Site in Seattle for $72M
SEATTLE — Concord Pacific, a Canadian residential developer, has acquired a multifamily development site located at 1901 Minor Ave. in Seattle for $72 million.
Situated within Seattle’s Denny Triangle neighborhood, the site has master-use permit approval for two high-rise residential towers over a large podium. This acquisition is Concord’s second commitment to building vertical neighborhoods in Seattle.
Ross Klinger and Tim Foster of Kidder Mathews represented the buyer in the deal. The name of the seller was not released.