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Sold Stuff

The transformation of Dexter Avenue in South Lake Union continues with a $12M purchase of the property at 1319 Dexter Ave. N., which will turned into a seven-story apartment complex eventually. Shea Properties is the developer they plan to start construction in September once they've also completed purchase on an adjacent property. Facebook and Pemco Insurance are both opening offices in the immediate area soon, making this prime living location for potential employees. [PSBJ]