Mission Ridge deal closes in Washington

California investor buys 260-unit multifamily development

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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. *** Send a Letter to the Editor for publication.Send a comment or news tip to our newsroom. Please include the headline of the story....