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City: Milton

Surprise Lake Square retail property

Phillips Edison & Co. has paid $41 million, or $293.69/sf, for the 139,605-square-foot Surprise Lake Square retail property in the Seattle suburb of Milton, Wash. The Cincinnati REIT bought the property, constructed in 1984 at 900 Meridian Ave., from Tourmaline ...

Sundance apartment property

Sundance had been encumbered by a $14.37 million Freddie Mac loan that's securitized through FREMF, 2019-K88, and paid a 4.8 percent coupon. But it has been fully defeased, meaning its collateral has been replaced by government securities.

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