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Transactions - JULY 25, 2022

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Landmark Properties expands purpose-build housing portfolio in Seattle

by Released

Landmark Properties has closed on the land that will become The Mark at Seattle, an off-campus apartment community to accommodate University of Washington students.

This is Landmark’s second project in the Seattle market, with The Standard at Seattle now under construction.

“Landmark is excited to start our second project at the University of Washington,” said Wes Rogers, president and CEO at Landmark. “This location was particularly attractive as it is in the heart of the University District neighborhood and is just steps from campus. Given the high barriers to entry in this market and strong fundamentals at the University of Washington, this project fits our investment criteria perfectly.”

Located in the heart of Seattle’s University District and within walking distance of UW’s campus, The Mark is located at 1200 NE 45th St. and will contain 500 beds in a variety of floorplans ranging from one to five bedrooms. The design of these units and the p

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