Monday, February 20, 2017

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Williams Investments, Candlewood Apartments, Everett, GRE Candlewood LLC

Williams Investments Sells Candlewood Apartments in Everett for $14.2MM

[googlemaps https://www.google.com/maps/embed?pb=!1m14!1m8!1m3!1d10695.139173020654!2d-122.2483907!3d47.9212014!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x0%3A0x2284829223a96471!2sWilliams+Investments+Apartment!5e0!3m2!1sen!2sus!4v1487364238990&w=640&h=450] Williams Investments sold their Candlewood Apartments in Everett for $14.2 million or $94,040 per unit to GRE Candlewood LLC in a sale that...
Savills, Puget Sound, Seattle, Amazon, Expedia, Google

NAIOP Panel Sees Continued Strength in Puget Sound Market

As the nation reels from the recent activity in Washington, DC and the new administration, one thing seems for certain, according to a panel...
Economy, South Sound, Tacoma,

South Sound Economy Remains Strong But National Policy Uncertanties May Threaten Growth

By Brittan Jenkins The Washington state chapter of NAIOP held its annual South Sound Economic Forecast conference in Tacoma to discuss the future of the...
SkB Architects, Seattle, Hot Rain LLC

SkB Architects Sell Belltown Office Building for $14.3 million

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d2689.5588754933187!2d-122.34823658436923!3d47.61526657918523!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x5490154e9d414625%3A0x37f9fa4680370d05!2sSKB+Architects!5e0!3m2!1sen!2sus!4v1487362656308&w=650&h=450] SkB Architects sold their Belltown office building for $14.3 million or $882 per square foot to Hot Rain LLC, associated with Seattle...
Seattle, State of Downtown, Downtown Seattle, Puget Sound

Downtown Seattle Remains Strong But Regional Growth Calls for Smarter Design for Accommodation

By Brittan Jenkins Excitement around downtown Seattle’s growing market was only hyped more during this morning’s annual State of Downtown Economic Report at the...
Paul Allen, Vulcan, Vulcan Real Estate, South Lake Union, Seattle, Allen Institute, downtown Seattle

Paul Allen’s Vulcan Buys Another South Lake Union Parcel for $16.5MM

By Brittan Jenkins Paul Allen is adding yet another property to his collection in Seattle’s South Lake Union neighborhood. Vulcan Inc., Allen’s real estate group,...
Goodman Real Estate, Seattle, San Jose, Silicon Valley, Puget Sound, Essex Property Trust, Palm Valley

Goodman Real Estate Sells 50% Share in San Jose, CA Asset for $183MM

By Jon Peterson San Mateo-based Essex Property Trust is now a 100 percent owner of the 1,098-unit Palm Valley apartment complex in San Jose, Calif....
Walmor Apartments, U-District, University District, Pacific Sun Properties, SPTC Properties, Seattle

Pacific Sun Properties Buys 24-Unit Apartment Building in U-District for $8.1MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d1343.4383774891155!2d-122.31331094313275!3d47.66739057918873!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54901463cf3a7189%3A0xc56dc420227c293a!2s5233+15th+Ave+NE%2C+Seattle%2C+WA+98105!5e0!3m2!1sen!2sus!4v1487012976650&w=640&h=450] By Brittan Jenkins Seattle-based Pacific Sun and SPTC Properties acquired the Walmor Apartments in Seattle’s University District for $8.1 million or $337,500 per unit...
Kirkland, Kirkland Commons, Menlo Equities, JACE LLC, Eastside, Ding Family

Menlo Equities Sells Off Kirkland Office Building for $12.425MM

By Brittan Jenkins Palo Alto, Calif. -based Menlo Equities sold an office property known as the Arris Building located in the Kirkland Commons submarket to...
Beaumont Grand Apartment, Beaumont Grand Apartment Homes, Security Properties, Lakewood, Pierce County, Grand Peaks Properties

Security Properties Buys Beaumont Grand Apartment Homes in Lakewood for $35.2MM

Security Properties, the group in charge of building nearly 600 residential units in Bellevue’s newest neighborhood, the Spring District, just added another property to...
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