The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 28, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
Jackson Square Properties Buys 216-Unit WA Multifamily Property


San Francisco-based Jackson Square Properties has acquired Ambrose, a 216-unit apartment property in Bremerton, WA. The property was sold by an affiliate of The Wolff Company.

The garden-style property, located at 4520 Bay Vista Blvd, features one-, two- and three-bedroom homes averaging 836 sf in size. The community also has an outdoor pool and spa. An indoor-outdoor clubhouse features a community kitchen, fitness center and co-working pods. Outdoor amenities also include a dog park and playground.

The property is minutes from Puget Sound Naval Shipyard’s large employment base, and the Bremerton Fast Ferry connects area residents to downtown Seattle in 30 minutes. Seattle recently ranked second in North America for high-tech job growth in CBRE’s 2021 Tech-30 Report. The Puget Sound region added nearly 40,000 high-tech jobs in 2019 and 2020, equating to a growth rate of 21.9%. Only Toronto grew faster at 26.4%.

CBRE’s Jon Hallgrimson, Eli Hanacek, Mark Washington and Kyle Yamamoto represented the seller in the transaction. The price was not disclosed.

“Demand from investors outside the region continues to be strong,” said Hallgrimson. “Puget Sound leads the country with an incredible recovery and a strong future outlook with continued regional growth fueled by major expansions in tech, life sciences and infrastructure.”

Return to the Archive page



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media