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August 19, 2026

126 Lynnwood units sell for $34M

LYNNWOOD — The Station Nine apartments, at 16720 Sixth Ave. W., sold this week for $34 million, according to Snohomish County records.

The seller was TLUS Rise Lynnwood LP, which is associated with Rise Properties Trust and Tokyu Land US Corp. Those two parties assumed ownership in a 2022 recapitalization deal worth about $40 million. On its own, Rise acquired the garden apartments in 2012 for almost $14 million.


 
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