Verde Esterra Park

JLL, as an exclusive advisor, is pleased to present the outstanding opportunity to acquire Esterra Park’s premier institutional apartment community located adjacent to the Microsoft Headquarters and new Light Rail expansion.

Built in 2022, Verde Esterra Park (the “Property”, “Subject”, or “Verde”) is located on a spacious 3.2-acre site within Redmond’s Esterra Park master-planned community. The Property comprises 634 units, featuring top-of-the-line interior finishes and industry leading amenities including a rooftop deck with sweeping views of Bellevue and Seattle, a dual level fitness center, a sauna and steam room, lounge areas, and two on-site restaurants.

Verde is strategically positioned within Esterra Park, a 30-acre master-planned mixed-use development that includes a new light rail station, just under 250,000 square feet of office space leased to Microsoft, a 3-acre park, and a 282-key hotel. The Property’s transit-oriented location is moments away from the new East Link Light Rail Extension in Overlake, SR-520, and I-405. Verde’s prime location in the heart of Overlake provides residents with easy access to some of the world’s leading tech companies in Redmond and Downtown Bellevue. The Property is ideally situated adjacent to Microsoft’s expansive 8 million square foot, 500 acre campus that employs over 50,000 people. Verde also benefits from being within a 10-minute drive of the region’s premier shopping destinations in Downtown Bellevue. Consequently, the Property attracts a tech-savvy demographic that is young, affluent, educated, and has a high propensity to rent.