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Apartments in Seattle's Woodinville suburb trade in region's latest big multifamily sale

California-based Essex Property Trust acquires 345-unit Beaumont apartments from MG Properties
MG Properties sold the Beaumont apartments in Woodinville, Washington, to Essex Property Trust, a California-based apartment REIT. (CoStar)
MG Properties sold the Beaumont apartments in Woodinville, Washington, to Essex Property Trust, a California-based apartment REIT. (CoStar)
CoStar News
November 27, 2024 | 9:41 P.M.

A California-based real estate investment trust bought an apartment complex near Seattle in one of the biggest multifamily sales of the year in the Puget Sound region, where deal activity is starting to rebound.

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