Mission Ridge deal closes in Washington

Hendricks & Partners negotiated the sale of Mission Ridge, a 260-unit multifamily complex in Renton, Wash.

The value of the transaction was not disclosed.

Chicago-based Waterton Associates sold the property, located at 12000 SE Petrovitsky Road, to Redwood City, Calif.-based Prometheus Real Estate Group.

David Young of the Seattle office of Hendricks & Partners negotiated the transaction.

Hendricks & Partners is a national advisory firm focused exclusively on the sales of multifamily properties.

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