HomeMy WebLinkAbout2024 - Bargain and Sale Deed - Holden at Southcenter, LLC / MG at Tukwila, LLC - 20240325000646Instrument Number: 20240325000646 Documcnt:D Rcc: $308.50 Page -1 of 6
Excise Docs: 3274816 Selling Price: S29,847,200.00 Tax Amount: 51,013,732.00 Record Date:3/25/2024 2:32 PM
Electronically Recorded King County, WA
AFTER RECORDING MAIL TO:
Proskaucr Rose LLP
One International Place
Boston, Massachusetts 02100
Attention: Scan T. Boulgcr, Esq.
CT NCS - 234416 -NCS
Document Title(s): (or transactions contained herein)
Bargain and Sale Deed
Reference Number(s) of Documents assigned or released:
N/A
Grantor(s): (Last name first, then first name and initials)
Holden at Southcentcr, LLC, a Delaware limited liability company
Grantee(s): (Last name first, then first name and initials)
MG at Tukwila, LLC, a Delaware limited liability company
Abbreviated Legal Description as follows: (Le. lot/block/plat or section/township/range/quarter/quarter)
Ptn Tracts 4 & 5, Andover Industrial Park No. 1, Vol. 66, Pg. 36
Complete legal description attached as Exhibit A •
Assessor's Property Tax Pareel/Account Number(s):
022300-0045-08
022300-0045-99
Instrument Number: 20240325000646 Document:D Rec: S308.50 Page -2 of 6
Record 0ate:3/25/2024 2:32 PM King County, WA
BARGAIN AND SALE DEED
THE GRANTOR, HOLDEN AT SOUTHCENTER, LLC, a Delaware limited liability company
('Grantor'), for and in consideration of Ten Dollars in hand paid, bargains, sells, and conveys to
MG AT TUKWILA, LLC, a Delaware limited liability company ("Grantee"), the following
described real estate, situated in the County of King, State of Washington:
See Exhibit A attached hereto and incorporated herein by this reference.
Subject to and excepting those matters listed in Exhibit B attached hereto and incorporated herein
by this reference.
[Signature appears on the tbllowing page.]
Ml"
Instrument Number: 20240325000646 Document:D Rec: S308.50 Page -3 of 6
Record Date:3/25/2024 2:32 PM King County, WA
Dated this 114 day of March, 2024.
HOLDEN AT SOUTHCENTER, LLC, a Delaware
limited liability company
13y:
STATE OF ARIZONA
COUNTY OF .MARICOPA
Title: Authorized Signatory
I certify that I know or have satisfactory evidence that V. Jay Hiemenz is the person who appeared
before me,. and said person acknowledged that he signed this instrument, on oath stated that he was
authorized to execute the instrument and acknowledged it as the Authorized Signatory of Holden
of Southcenter, LLC, a Delaware limited liability company, to be the free and voluntary act of
such party for the uses and purposes stated therein.
Dated March 14, 2024.
•
NOT, ,"! .YONA,
11thy CA mil L c ; 20 2075,
Name:
Pr1ntNai L
NOTARY PUBLIC, State of Arizona
My appointment expires iiz zq z
'Man ir OR tn Pr,pin And %lift neAci
Instrument Number: 20240325000646 Doeurnent:D Ree: S308.50 Page -4 of 6
Record Date:3/25/2024 2:32 PM King County, WA
EXHIBIT A
LEGAL DESCRIPTION
The Land referred to herein below is situated in the County of King, State of Washington, and is
described as follows:
THE SOUTH 28 FEET OF TRACT 4, AND THE NORTH 200.00 FEET OF TRACT 5, SAID
200 FEET BEING MEASURED PARALLEL TO ANDOVER PARK EAST (67TH AVENUE
SOUTH), ANDOVER INDUSTRIAL PARK NO. ], ACCORDING TO THE PLAT THEREOF,
RECORDED IN VOLUME 66 OF PLArs, PAGE 36, IN KING COUNTY, WASHINGTON;
EXCEPT THAT PORTION THEREOF CONDEMNED IN KING COUNTY SUPERIOR
COURT CAUSE NUMBER 592245 FOR PRIMARY STATE HIGHWAY NO. 1.
A -I
.Tn7
Instrument Number: 20240325000646 Document:D Ree: $308,50 Page -5 of 6
Record Date:3/25/2024 2:32 PM King County, WA
EXIIIBIT B
PERMITTED EXCEPTIONS
1. 10' utility easement as contained and/or delineated on the face of the Plat of Andover
Industrial Palk, No. 1 recorded in Voluune 66 of Plats, Page 36, in King County,
Washington:
Recording No. 5256442
2. Covenants, conditions and restrictions as set forth in the document:
Recording Date: August 22, 2019
Recording No.: 20190822000625
3. Easement(s) for the purpose() shown beluw and rights incidental thereto, as granted in a
document:
Granted to:
Purpose:
Recording Date:
Recording No.:
Affects:
4. Easemcnt(s) for the
document:
Granted to:
Purpose:
Recording Date:
Recording No.:
Affects:
Puget Sound Energy, Inc.
One or more utility systems for purposes of transmission,
distribution and sale of electricity and appurtenances
October 8, 2020
20201008002380
Portion of said premises
purpose(s) shown below and rights 'incidental thereto, as granted in a
Comcast Cable Communications Management, LLC
Broadband communications systems and appurtenances
June 2, 2021
20210602002641
Portion of said premises as described therein
5. Matters contained in that certain document:
Entitled:
Between:
Recording Date:
Recording No.:
Multi -Family Residential Property Tax Exemption Agreement
Holden at Southcenter, LLC
August 16, 2022
20210816001162
As assigned by Holden at Soutbeenter, LLC to MK at Tukwila, LLC pursuant to the
MFTE Assignment and Assumption Agreement, dated as of March 14, 2024.
6. Real estate taxes and assessments for the year 2024 and subsequent years, a lien not yet
due and payable.
B-1
Instrument Number: 20240325000646 Document:D Rcc: S308.50 Page -6 of 6
Record Date:3/25/2024 2:32 PM King County, WA
7. The rights of the residents and tenants (as residents and tenants only, and without any right
or option to purchase said premises or any portion thereof) under the resident agreements
and leases.
8. Potential charges for the King County Treatment Capacity Charge as authorized under
RCW 35.58 and King County Code 28.84.050. All charges due and payable are paid in
full.
B-2