Rise Properties Trust has bought a 74-unit apartment complex in Bellevue for $30 million.
The Toronto-based real estate investment trust purchased the eight-story complex at 10701 Main Street, the Puget Sound Business Journal reported. The seller was Security Properties, based in Seattle.
Brokers David Sorensen, Ben Johnson and Mitchell Belcher of Berkadia handled the listing for Sylva on Main. The deal works out to $405,405 per unit…