Harrington Square

In 2012, Kennedy Wilson acquired Harrington Square for $41 million in an off-market transaction

Location
Renton, WA
Property Type
Hotels
Multifamily Units
217

Harrington Square Story

Built in 2011, the property is located in north Renton, Washington, appealing to professionals in Bellevue, Kent Valley and downtown Seattle. It offers convenient access to the I-90 corridor, which is home to companies such as Microsoft, Costco World Headquarters, Siemens and Farmers Regional Headquarters.

The company purchased the property for $41 million, investing $15 million of equity in the transaction with Fannie Mae providing $26 million of financing at 3.35%, fixed for ten years. Since acquisition, Kennedy Wilson's value-add asset management program included the completion of an upgraded leasing center, a new fitness center, and other property enhancements.

  • Baggot Plaza
    Baggot Plaza View
  • Central Park
    Vantage, Central Park View
  • Buckingham Palace Road
    111 Buckingham Palace Rd View
  • Photo of Shelbourne
    Shelbourne Hotel View
  • Photo of Clancy Quay at night
    Clancy Quay View
  • Photo of Capital Dock
    Capital Dock View
  • Photo of Kohanaiki
    Kohanaiki View
  • Photo of Harrington Square
    Harrington Square View
  • Photo of 150 S El Camino
    150 S El Camino View
  • Photo of Ritz-Carlton, Lake Tahoe
    Ritz-Carlton View
  • Photo of Alliance
    Alliance View
  • Photo of Merritt on 3rd
    Merritt on 3rd View