Shorenstein, Wright Runstad Transact Three Spring District Properties in Bellevue to Blackstone and Drawbridge Realty
(Editor’s Note: According to industry reports, Blackstone acquired a 40 percent stake each in Blocks 5 and 6, and the combined value of...
RedHill Realty Investments Sells 386-Unit Multifamily Community Miro in Federal Way for $81.5MM
By Kate Snyder An apartment complex in Federal Way has traded hands, showing that the city’s multifamily market continues to attract attention. The...
Kennedy Wilson Acquires 265-Unit Multifamily Community The Danforth in Seattle for $173MM
BEVERLY HILLS, Calif.–Global real estate investment company Kennedy Wilson has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire The Danforth in...
Sun Communities Sells 1,100-Acre Bullfrog Flats MPC in Cle Elum to Blue Fern Development for $40MM
The acquisition was facilitated by Land Advisors Organization’s Washington office, representing the buyer, Blue Fern Development I, LLC. (Editor’s Note: The sales...
Grosvenor USA Sells 84-Unit Union Park Apartments in Seattle for $27.9MM
(Editor’s Note: According to King County public property records, the seller was an entity affiliated with Grosvenor USA, and the buyer was an...
BRIDGE Housing Pays $55.2MM for 200-Unit Apartment Complex in Kirkland With Plans to Convert Site into Affordable Housing
The transaction in Kirkland, the second local BRIDGE project supported by Amazon, reflects the growing role of acquisitions in expanding affordable housing supply...
Kowa Leases 317,000 SQFT at Panattoni’s FRED310 Industrial Park in Frederickson
By The Registry Staff Frederickson is set to welcome a significant new tenant to its burgeoning industrial landscape as Kowa, a prominent Japanese...
Su Development Sells 273-Unit Soma Towers in Bellevue for Combined $192.8MM
A pair of residential towers in Bellevue, known as Soma Towers, were sold for $192.8 million. Developed by Su Development, the towers consist...
Seattle Firm Martin Selig Real Estate to Lay Off 86 Employees
By Kate Snyder A prominent Seattle real estate company is laying off dozens of employees as the firm contends with financial difficulties. A...
