Seattle, WA
CBRE Arranges $53M Sale of 125-unit Townhome Community in Lacey, Washington
September 30, 2026
Media Contact
Sr Corp Communications Manager
CBRE has arranged the $53 million sale of Chambers Reserve, a 125-unit townhome community in Lacey.
CBRE’s Jordan Louie, Eli Hanacek, Kyle Yamamoto and Natalie Kasper represented the seller in the transaction.
“Chambers Reserve offered investors a unique opportunity to acquire a newly constructed built-to-rent community in the growing Puget Sound region,” said Louie. “The property’s expansive floor plans, thoughtful amenities and proximity to several major employment centers were major factors in creating strong investor interest.”
Chambers Reserve is located at 3725 Wildspitz St. SE on an 8.33-acre site near Interstate 5, providing access to Olympia, Tacoma and the broader Puget Sound region. Built in 2023, the property includes 23 townhome buildings and features a mix of three- and four-bedroom floor plans with an average unit size of 1,736 square feet.
Community and unit amenities include two-car garages, private decks, air conditioning, quartz countertops, stainless steel appliances, a 24-hour fitness center, a seasonal swimming pool and a clubhouse.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.