Quarterra Multifamily and QuadReal Celebrate Strong Lease-up Start at The Piper Apartments
The Piper, a 284-unit luxury apartment community in Redmond, Washington, developed by Quarterra Multifamily (a Lennar Corporation subsidiary) and QuadReal Property Group, has achieved significant leasing success. The property has reached 60% leased and over 50% occupied within six months of opening in August 2024.
Located adjacent to the 640-acre Marymoor Park, The Piper features two five-story buildings connected by an artistic pedestrian walkway. The development offers units ranging from 475-square-foot studios to 1,400-square-foot three-bedroom layouts. Key amenities include a resort-style pool and spa, outdoor sauna, coworking space, club room, and kids' play areas. The property's location near the upcoming Southeast Redmond Light Rail Station (opening May 2025) will provide convenient access to Bellevue and Seattle's tech hubs.
The Piper, una comunità di appartamenti di lusso con 284 unità a Redmond, Washington, sviluppata da Quarterra Multifamily (una sussidiaria di Lennar Corporation) e QuadReal Property Group, ha raggiunto un notevole successo nelle locazioni. La proprietà ha raggiunto il 60% di unità affittate e oltre il 50% di occupazione entro sei mesi dall'apertura avvenuta nell'agosto 2024.
Situato adiacente al parco Marymoor di 640 acri, The Piper comprende due edifici di cinque piani collegati da un percorso pedonale artistico. Lo sviluppo offre unità che vanno da monolocali di 44 metri quadrati a soluzioni con tre camere da letto di 130 metri quadrati. Tra i servizi principali vi sono una piscina e una spa in stile resort, una sauna all'aperto, uno spazio coworking, una sala club e aree gioco per bambini. La posizione della proprietà, vicino alla futura stazione della metropolitana leggera Southeast Redmond (inaugurazione prevista per maggio 2025), garantirà un comodo accesso ai centri tecnologici di Bellevue e Seattle.
The Piper, una comunidad de apartamentos de lujo con 284 unidades en Redmond, Washington, desarrollada por Quarterra Multifamily (una subsidiaria de Lennar Corporation) y QuadReal Property Group, ha logrado un éxito significativo en arrendamientos. La propiedad ha alcanzado un 60% de unidades alquiladas y más del 50% de ocupación en los seis meses posteriores a su apertura en agosto de 2024.
Ubicado junto al parque Marymoor de 640 acres, The Piper cuenta con dos edificios de cinco pisos conectados por un pasaje peatonal artístico. El desarrollo ofrece unidades que van desde estudios de 44 metros cuadrados hasta apartamentos de tres habitaciones de 130 metros cuadrados. Las comodidades clave incluyen una piscina y spa estilo resort, sauna al aire libre, espacio de coworking, sala social y áreas de juegos para niños. La ubicación de la propiedad cerca de la próxima estación de tren ligero Southeast Redmond (que abrirá en mayo de 2025) proporcionará un acceso conveniente a los centros tecnológicos de Bellevue y Seattle.
The Piper는 워싱턴주 레드먼드에 위치한 284유닛의 고급 아파트 커뮤니티로, Quarterra Multifamily(Lennar Corporation 자회사)와 QuadReal Property Group이 개발했습니다. 2024년 8월 개장 후 6개월 만에 임대율 60%, 점유율 50% 이상을 달성하는 등 뛰어난 임대 성과를 보이고 있습니다.
640에이커 규모의 메리무어 공원 인근에 위치한 The Piper는 두 개의 5층 건물이 예술적인 보행자 통로로 연결되어 있습니다. 44제곱미터 스튜디오부터 130제곱미터 3베드룸까지 다양한 평면의 유닛을 제공합니다. 주요 편의시설로는 리조트 스타일의 수영장과 스파, 야외 사우나, 코워킹 공간, 클럽룸, 어린이 놀이 공간 등이 있습니다. 2025년 5월 개장 예정인 Southeast Redmond 라이트레일 역 인근에 위치해 벨뷰와 시애틀의 IT 허브로 편리하게 이동할 수 있습니다.
The Piper, une communauté d'appartements de luxe de 284 unités à Redmond, Washington, développée par Quarterra Multifamily (une filiale de Lennar Corporation) et QuadReal Property Group, a connu un succès important en matière de location. La propriété a atteint 60 % de locations et plus de 50 % d'occupation en l'espace de six mois après son ouverture en août 2024.
Situé à côté du parc Marymoor de 640 acres, The Piper comprend deux bâtiments de cinq étages reliés par une passerelle piétonne artistique. Le développement propose des unités allant du studio de 44 mètres carrés aux appartements trois chambres de 130 mètres carrés. Les équipements clés incluent une piscine et un spa de style resort, un sauna extérieur, un espace de coworking, une salle de club et des aires de jeux pour enfants. La proximité de la future station de métro léger Southeast Redmond (ouverture en mai 2025) offrira un accès pratique aux pôles technologiques de Bellevue et Seattle.
The Piper, eine luxuriöse Apartmentanlage mit 284 Einheiten in Redmond, Washington, entwickelt von Quarterra Multifamily (eine Tochtergesellschaft der Lennar Corporation) und QuadReal Property Group, hat einen bedeutenden Vermietungserfolg erzielt. Die Immobilie ist innerhalb von sechs Monaten nach der Eröffnung im August 2024 zu 60 % vermietet und über 50 % belegt.
Die Anlage befindet sich neben dem 640 Hektar großen Marymoor Park und besteht aus zwei fünfstöckigen Gebäuden, die durch einen künstlerischen Fußweg verbunden sind. Die Einheiten reichen von 44 Quadratmeter großen Studios bis hin zu dreizimmerigen Wohnungen mit 130 Quadratmetern. Zu den wichtigsten Annehmlichkeiten zählen ein Resort-Pool und Spa, eine Außensauna, ein Coworking-Bereich, ein Clubraum und Spielbereiche für Kinder. Die Lage der Immobilie in der Nähe der kommenden Southeast Redmond Light Rail Station (Eröffnung Mai 2025) bietet bequemen Zugang zu den Technologiezentren von Bellevue und Seattle.
- Strong leasing performance with 60% leased and 50% occupied in just 6 months
- Strategic location next to 640-acre Marymoor Park and upcoming light rail station
- Diverse unit mix from studios to three-bedrooms catering to different market segments
- Extensive amenity package including pool, spa, sauna, and coworking spaces
- None.
Since opening its doors in August 2024, The Piper has rapidly gained traction, reaching
"We knew The Piper would offer something special to the
Designed to foster community and creativity, The Piper consists of two five-story buildings separated by a pedestrian art walk featuring one-of-a-kind murals and sculptures in association with
"The Piper is one of three joint ventures between Quarterra and QuadReal in the region, alongside Spectra in Marymoor Village and Ovation in
This is also Quarterra's eleventh development in the
About Quarterra Multifamily
Quarterra Group, Inc., a wholly-owned subsidiary of Lennar Corporation (NYSE:LEN and LEN.B), is a multi-strategy, real estate focused, alternative asset management company comprising three rapidly growing verticals: Multifamily, Single-Family Rental, and Land. Launched in 2011, Quarterra Multifamily, previously known as LMC, is among the nation's most active developers, builders, and managers and has been on the National Multi-Housing Council's (NMHC) annual Top 50 list for nine consecutive years.
Quarterra creates extraordinary communities where people can live remarkably.
www.Quarterra.com
About QuadReal Property Group
QuadReal Property Group is a global real estate investment, operating and development company headquartered in
QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come.
Excellence lives here.
www.quadreal.com
Media Contact
Marlena DeFalco
LinnellTaylor Marketing
303-682-3943
marlena@linnelltaylor.com
Hannah Wanlin
QuadReal Property Group
416-881-5129
Hannah.wanlin@quadreal.com
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SOURCE Quarterra
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