Bell Partners has acquired Aura Totem Lake, a 202-unit apartment community located in the Seattle suburb of Kirkland, Wash. The property, the first acquisition made on behalf of the recently announced Bell Core Fund I vehicle, will be renamed Bell Totem Lake and is the fourth property Bell Partners currently owns or manages in the state of Washington.
Built in 2020, Bell Totem Lake is located at a crossroads of eateries, shopping and entertainment options including Whole Foods, Trader Joe’s, Cinemark Theater, Lululemon, and other boutique clothing and food retailers. For outdoor recreational activities, the city of Kirkland offers more waterfront parks and beaches than any other city in the Puget Sound region.
Billed as the Innovation Triangle, the cities of Bellevue, Redmond and Kirkland formed a coalition to promote economic development on the east side of Seattle, which is home to 3,700 tech companies and 135,000 technology-related jobs. Situated off Interstate 40
