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2017-02-24 by Jon Peterson for The Registry

PGIM Makes $362.4MM Investment in Kirkland Urban

“Upon completion, Kirkland Urban will be a trophy caliber mixed-use development in a well-established community and a strong long-term investment for our clients. We are pleased to partner with Talon and Ryan to bring a high-quality, modern office space and apartment, and a new retail destination to Kirkland,” said Kevin R. Smith, head of Americas for PGIM Real Estate, in a prepared statement.

The first phase of Kirkland Urban has already started. This will include 390,000 square feet of office and a new 50,000 square feet QFC/Kroger multi-department grocery store. The residential part of the development will have 185 apartments.

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