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February 9, 2016
February 5, 2016 | By JOURNAL STAFF | Daily Journal of Commerce
The new 17-story Marriott at 200 110th Ave. N.E. in downtown Bellevue sold for $163.4 million, property records show.
A real estate investment trust called Carey Watermark Investors 2 said last month it purchased the 384-room hotel but did not give the price.
The REIT, which is managed by W.P. Carey Inc. of New York and Watermark Capital Partners of Lake Forest, Illinois, paid approximately $425,415 per room.
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Ramón A. Rivera-Ramos
Blue Vault Nontraded REIT and Nontraded BDC Reviews
September 1, 2016
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