Invesco Real Estate is investing in Puget Sound. Just weeks after closing on Downtown Bellevue's The Bravern, the Dallas-based real estate company acquired Belltown's 206 Bell apartment building for $41.2M. The 122-unit complex opened this past summer and is said to be "about 80 percent" leased. Rents range from $1,545-$3,835/month.
· Belltown apartment building sells as tech fuels Seattle-area market [PSBJ]
· Bravern apartment sale sets record for Puget Sound region [Curbed Seattle]