Category Archives: Recent Closings

Greenlake Terrace Apartments

Greenlake Terrace Apartments

Situated just 2 blocks from Green Lake, this 49 unit apartment building was formerly known as the Maple Leaf Apartments. Savidge Investment Real Estate represented the Buyer in the transaction, who re-positioned the identity of the building to the Green Lake neighborhood after a modest investment in cosmetic improvements.

A E Doyle Building

A E Doyle Building

Savidge Investment Real Estate represented the Buyer in the purchase of this four story, historically significant office building at 2nd & Pine Street in downtown Seattle. This fully leased asset with garage parking was negotiated directly with the Seller on an off-market basis for $8,550,000. The proximity to Pike Place Market and current building amenities… Continue Reading

Edgecliff Apartments

Edgecliff Apartments

This 25 unit apartment building on Queen Anne is situated on a large lot with favorable zoning allowing a six story development sometime in the future. Representing the buyer, Savidge Investment Real Estate recommended offering $300,000 over the asking price for this listed property, and secured the building for the client. There was immediate upside… Continue Reading

RDA Building – International District

RDA Building – International District

An office client wanted to double the size of his company and relocate to a building with ample parking and close to public transit. Savidge Investment Real Estate identified a prime sublease in the International District, and was able to negotiate a lengthy extension with the landlord directly. The result was a 16 year gross… Continue Reading

Park Manor Apartments

Park Manor Apartments

The Park Manor Apartments were offered for sale on a competitive bid basis, not publicly listed on the open market. Savidge Investment Real Estate represented the purchaser, one of four parties to submit offers. The client assumed a FNMA loan with relatively low leverage, and was able to buy the asset for significantly less money… Continue Reading

Mercer Crest Apartments

Mercer Crest Apartments

Mercer Crest Apartments on Queen Anne was an off-market sale transaction of 32 units in a prime neighborhood. The seller’s objective was to privately secure a qualified buyer that would perform without question or reservation. Savidge Investment Real Estate, working cooperatively with another agent, guided this transaction from due diligence through closing without a single… Continue Reading