Nov
09
Transwestern JV Buys Seattle-Area Office Park
ByEquity Office Properties Trust sold Redmond Hilltop, a 178,769-square-foot office campus in Redmond, Wash., to a joint venture between Transwestern and Diversified International Partners.
Transwestern has teamed up with Diversified International Partners to acquire Redmond Hilltop from Equity Office Properties Trust. According to Yardi Matrix data, the three-building, 178,769-square-foot office campus in Redmond, Wash., changed hands for $39.3 million. The transaction was subject to a $24.3 million loan from Athene USA…