Silver Cloud buys downtown site

Silver Cloud Inns & Hotels, bought a downtown property currently occupied by Opus Bank on Tuesday, for $7.1 million.

Silver Cloud Inns & Hotels, bought a downtown property currently occupied by Opus Bank on Tuesday, for $7.1 million. The half acre property at 200 108th Ave Northeast, was brokered by Kidder Matthews.

Opus Bank will move to a smaller space at 188 106th Ave Northeast in early July. Earlier this week, Kidder Matthews also helped sell a highly coveted property at 437 and 527 10th Ave Northeast for $31 million.