Ashkenazy Acquisition Buys Upscale Mall Bravern Near Seattle

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Ashkenazy Acquisition Corp., a New York-based investor in retail and office properties, bought a luxury shopping mall in Bellevue, Washington, in its first acquisition in the Northwest U.S.

Ashkenazy paid $79 million for the Shops at the Bravern, according to a record of sale filed today in King County. The seller was a joint venture between Bahrain-based Investcorp Bank BSC and Schnitzer West LLC, headquartered in Seattle.