SEATTLE — CBRE has arranged the $94.9 million sale of 8th + Republican in Seattle’s South Lake Union neighborhood. CBRE did not disclose the identity of either party to the transaction, but according to the Daily Journal of Commerce, the buyer was locally based Goodman Real Estate along with an unnamed partner, and the seller was the original developer, Scottsdale, Arizona-based The Wolff Co. CBRE’s Eli Hanacek, Kyle Yamamoto, Mark Washington and Natalie Kasper represented the seller. According to CBRE Research, this transaction is one of the highest prices per unit achieved for mid-rise multifamily assets in Seattle in 2025.
Construction of the 211-unit property was completed in 2016. Units are equipped with smart home technology, solar shades, walk-in closets, wood-style flooring, stainless steel appliances and floor-to-ceiling windows. Amenities at the property include an outdoor terrace, a fitness center, a dog park and spa, a resident lounge and dry-cleaning services.