72 Olympia units trade for over $18M

Institutional Property Advisors Closes Puget Sound Multifamily Asset Sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Briggs Village, a 72-unit apartment property in the 137-acre Briggs Village master-planned community in Olympia, Washington. “This transaction allowed the seller to print a great result for their investors, and the long-term, below-market fixed-rate […] The post Institutional Property Advisors C…

Nearon Enterprises Buys 72-Unit Briggs Village Multifamily Property in Olympia, Washington

OLYMPIA, WASH. — Nearon Enterprises has acquired Briggs Village, an apartment community in Olympia, from Glencrest Group for an undisclosed price. Situated in the 137-acre Briggs Village master-planned community, the asset features 72 apartments. The community was built in 2019. Ryan Harmon, Philip Assouad, Giovanni Napoli, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors, a division of Marcus & Millichap, represented the b…

72 Olympia units trade for over $18M

Briggs Village, at 4225 Briggs Drive S.E., sold last week for $18.3 million, according to Thurston County records.