Lake Union Partners makes $23.5M Central District purchase; Africatown, Forterra to buy & develop 20 percent

In a May 23 joint news release, the $23.5-million sale to Seattle-based Lake Union Partners was announced, with Africatown again slated to purchase 20 percent of the block for development. Forterra will act as the interim purchaser for Africatown, then the two organizations will work to transfer the property into a community development partnership entity, according to the release.

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