SEATTLE, WA - Oakwood Worldwide, the global leader in corporate housing and serviced apartment solutions, announced it added a newly constructed 100-unit multifamily apartment complex in the vibrant South Lake Union sector of Seattle. This LEED Silver certified complex, newly re-named Oakwood Seattle South Lake Union, is the fifth acquisition by Singapore-based Mapletree Group as part of its joint venture with Oakwood Worldwide.
"Seattle is such a vibrant city with tremendous job growth, driving increased demand for corporate housing from our global clients," said Scott McDonald, senior vice president operations and service excellence, Oakwood Worldwide. "South Lake Union is the perfect location for expansion, allowing us to strengthen our presence in the marketplace and offer our clients increased choice and flexibility to meet their corporate housing needs."
Oakwood Seattle South Lake Union provides studio, one-, and two- bedroom apartments with sustainability-oriented amenities; including eco-friendly landscaping and energy efficient appliances. The stylish floor plans feature expansive windows with city and lake views, wood plank style flooring, subway tile backsplashes, quartz countertops and stainless steel appliances. The property's community amenities include a resident lounge with a community kitchen, pool table, shuffle board table, dart boards and pinball machines. Residents can also enjoy a multi-screen theater/gaming den with surround sound, or relax on the rooftop deck with BBQs and outdoor fireplace, taking in views of the downtown Seattle skyline and Lake Union.
Located in the heart of South Lake Union, the property is in an ideal neighborhood for professionals, with restaurants, bars, cafes and retail shops within easy walking distance. The property is only a six-minute drive, or 30-minute walk, to central downtown and 20 minutes to Seattle-Tacoma International Airport.
"The size, age and contemporary style of this property fit perfectly within our strategy to expand our presence of branded buildings across the globe," said Mike Jara, west coast acquisitions director, Oakwood Worldwide. "As our first property in the Pacific Northwest, Oakwood Seattle South Lake Union complements our recent acquisitions in Raleigh, Dallas and the Silicon Valley. Oakwood Worldwide and Mapletree will continue to target properties in strong job growth markets throughout the U.S."