Lennar Corporation's Quarterra Multifamily Achieves Rapid Lease-up at The Piper Apartments in Redmond, Surpassing 60% Occupancy

Reuters
16小时前
Lennar Corporation's Quarterra Multifamily Achieves Rapid Lease-up at The Piper Apartments in Redmond, Surpassing 60% Occupancy

Lennar Corporation's subsidiary, Quarterra Multifamily, in collaboration with QuadReal Property Group, has developed The Piper Apartments in Redmond, Washington. This luxury rental community, situated near the scenic Marymoor Park, has achieved significant leasing success, with over 60% of its 284 homes leased since its opening in August 2024. The Piper features thoughtfully designed homes, ranging from studios to three-bedroom layouts, and offers a suite of amenities including a resort-style pool, spa, and coworking space. Its proximity to the Southeast Redmond Light Rail Station, opening in May 2025, provides residents with convenient access to major tech hubs in Bellevue and Seattle. This development is part of Quarterra's ongoing expansion in the Seattle metro area, marking its eleventh project in the region.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lennar Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: DA84441) on May 12, 2025, and is solely responsible for the information contained therein.

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