Legacy Partners (Legacy), a privately-owned national real estate firm, and Momentum Partners (Momentum) announced today the grand opening of Wellstone at Bridgeport, located at 12535 Bridgeport Way SW in Lakewood, WA. The 208,000-square-foot, four-story community was developed by Momentum and will be professionally managed by Legacy.
Designed by regional architectural firm BCRA, Wellstone at Bridgeport boasts 208 units, including studios, open one-bedroom, and one- and two-bedroom residences along with 281 parking spots, of which 23 are detached garages. Each garden-style unit comes with high-end interior finishes and oversized patios and balconies. Residents of the gated, elevator-accessible community can enjoy a 24-hour fitness center, a clubhouse, a pool with a sun deck, a secured 24-hour mail room with Amazon parcel lockers, and an outdoor picnic area complete with a gazebo and grills.
“Wellstone at Bridgeport affords a classic Pacific Northwest lifestyle—from eclectic local retail and dining at Lakewood Towne Centre to everything the nearby mountains, forests, and waterways have to offer,” said Mike Holt, Regional Vice President at Legacy. “It is surrounded by six acres of nature and parkland, yet seamlessly connects to the rest of the region with its multi-modal transportation options.”
With the I-5 entrance moments away, Wellstone at Bridgeport is an easy drive to Tacoma and Seattle as well as the scenic Fort Steilacoom Park, Olympic National Park, and Mt. Rainier. The community is within short walking distance to Springbrook Park, which is home to outdoor recreation and Springbrook Community Gardens; one block away from Joint Base Lewis-McChord; and just minutes away from Lakewood Station, which provides routes from Sounder Transit to-and-from Lakewood, Seattle, Piece Transit, and Intercity Transit.
Legacy has built and managed several properties throughout the Pacific Northwest, including The Hadley on Mercer Island, Bowman in Seattle, and The Triangle, which opened in Redmond in Fall 2018.
About Momentum Partners
Momentum Partners Inc. is a Washington commercial real estate company that partners with clients and investors to create generational wealth through the acquisition, development, management and disposition of high quality real estate assets. With over 3/4 of a century of experience, Momentum’s experts create and manage strategic real estate investment programs across a wide spectrum of investment styles for domestic and international institutions as well as private investors.
About Legacy Partners
Legacy Partners (Legacy), a privately held real estate firm founded in 1968 and headquartered in the San Francisco Bay Area, owns, develops and manages multifamily communities throughout the United States. Legacy has regional offices in California, Colorado, Florida, Texas, and Washington and have developed more than 60,000 apartment homes in Arizona, California, Colorado, Nevada, Oregon, Texas, and Washington. Since inception, Legacy has worked with some of the world’s largest financial institutions, life insurance companies, and real estate companies, consistently returning exceptional results.
Legacy provides management services for its own portfolio, as well as other owners. Combined, Legacy manages a portfolio of over 60 multifamily communities with more than 14,000 apartment homes, and with a gross value in excess of $2 billion.