Corliss Management Group LLC (CMG), a family-owned and operated real estate development company, has finalized the sale of its Bridgewater Plat located at 801 Calistoga St W, Orting, WA, to KB Home for $2.645 million. This 14-acre, 33 spacious single-family residential plat, nestled in the charming town of Orting, has been permitted and is currently under construction and planning to go vertical within the next month. The sale marks a significant opportunity to address the growing housing demand in Orting, while showcasing the shared commitment between Corliss Management Group and KB Home to deliver thoughtfully planned developments to the Puget Sound region.
Eric Corliss, Principal of Corliss Management Group, emphasized the importance of this partnership: “As a fifth-generation family real estate business, we have invested in the Puget Sound area for decades. To have meaningful partnerships that develop housing thoughtfully to best serve Washington cities is a wonderful opportunity to showcase our family business motto: ‘Generations of building real and lasting communities.’ We are excited to further develop our buyer-seller relationship with KB Home and to help meet the housing needs of Orting.”
This transaction represents the second deal between Corliss Management Group and KB Home, one of the largest and most recognized homebuilders in the United States. With 65 years of experience in delivering high-quality homes, KB Home brings expertise and a strong reputation to the development of this property.
The Bridgewater Plat project highlights Corliss Management Group’s continued dedication to creating opportunities for growth and community enrichment through real estate development.
