Major Real Estate Deal Brings New Owner to Bellevue Apartments
The Sobrato Organization (TSO) has acquired the Park Metro Apartments in Bellevue, Washington. With 70 years of leadership, this acquisition is an addition to the company’s presence in the Puget Sound region. The Sobrato Organization announced the acquisition of the Park Metro Apartments at 11101 NE 12th St, Bellevue, WA 98004, United States. “We are proud to expand our Bellevue footprint, adding a high-quality asset to our growing multifamily portfolio,” said Chad Froman, Sobrato Co-Chief Real Estate Officer. “Park Metro Apartments is a unique property where residents can enjoy the benefits of living in a thriving community that offers easy access to employment, public transit, medical services, and retail.” The acquisition further strengthens The Sobrato Organization’s footprint in the Puget Sound market. The acquisition is consistent with the company’s strategy of investing in high-quality multifamily in the prosperous urban centers that expand its national real estate portfolio.
