Business

AvalonBay buys Bellevue apartment complex

Alexandria-based AvalonBay Communities Inc. has acquired Verona Apartments, a 220-unit, four-story apartment building in downtown Bellevue for $33.1 million, according to a story on the Washington Business Journal's

website.

The Verona is located at 11200 NE 11th St. in downtown Bellevue.

AvalonBay owns four other apartment complexes in Bellevue and 13 total in Washington State.

AvalonBay is the second-largest apartment complex owner in the nation and owns or has a stake in about 170 apartment communities, mostly in the Northeast, mid-Atlantic and West Coast.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.
blog comments powered by Disqus

Read the latest Green Edition

Browse the print edition page by page, including stories and ads.

Jul 25 edition online now. Browse the archives.