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Key facts

Year Built 2000
Land Area ()

Property description

JLL has been exclusively retained for the sale of the Time Apartments Site (the “Site” or “Property”), an outstanding transitoriented development opportunity in SeaTac’s expanding Angle Lake submarket. The Site is comprised of approximately 92,544 square feet of Community Business in the Urban Center (CB-C) zoned land and is currently a self-storage facility with over 300 storage units.

Investment highlights

  • Convenient access to major thoroughfares and walkable to Angle Lake Light Rail Station
  • Ideally located near King County's largest employment drivers
  • Highly accretive MFTE tax-exemption program
  • In-migration, lack of new supply, and affordability bolster submarket fundamentals

Close proximity to plentiful retailers, outdoor spaces, and entertainment venues

Last Updated Date: 03 May 2022

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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

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Last Updated Date: 03 May 2022

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

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