Aegis Living to Redevelop University District Site

Posted on August 2, 2017

Aegis Living University District

Ryan Olson recently represented Aegis Living in the purchase of a 3-parcel assemblage in University District. Aegis Living, a national leader in senior assisted living and memory care facilities, will redevelop the site for senior housing. They currently operate 13 facilities in Washington state. The 31,812 square foot property is comprised 3200 NE 45th Street, 3215 NE 45th Street and 3232 NE 45th Street.

“The location is a good fit for Aegis as it will be able to serve the residents of Bryant, Ravenna and Laurelhurst. The site has high visibility and good drive by traffic, but yet close to the single-family neighborhoods where most of our residents come from.” Walter Braun, Senior Vice President Development for Aegis Living explained.

“I am proud to be working with such a great company on this assemblage. It helped to have a sophisticated buyer and sellers that understood the value that Aegis Living’s service will bring to the area,” said Ryan Olson, Vice President at NAI Puget Sound Properties.

The sale closed July 10, 2017 for $13,200,000.

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