GLL Buyer of Safeco Plaza at $387MM at a 5 Cap Rate
By Jon Peterson GLL Real Estate Partners is the buyer of the 754,000 square foot Safeco Plaza at $387 million, according to sources...
View Glass Transforms The Lake Union Building
The Lake Union Building, a 90,000 square foot building on the lake in Seattle, needed to be upgraded and modernized. Architects and designers...
Washington Holdings Buys Courtyard Seattle for $84.5MM
(EDITOR'S NOTE: Public records show that Washington Holdings was the buyer of the asset.) DALLAS, July 5, 2016 -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime"...
Swift to Pay $17.4MM for Bellevue Office Asset
By Jon Peterson San Francisco-based Swift Real Estate Partners is schedule to close the purchase of the Delphi Building in Bellevue later this...
Hines REIT to Dissolve, Sell 7 West Coast Assets for $1.162B Including 3 in Puget Sound
Hines Real Estate Investment Trust, Inc. (“Hines REIT" or the “Company”), one of three public non-listed REITs sponsored by Hines, announced today that...
First Hill’s Luma Now 68 Percent Sold
SEATTLE—June 29, 2016—Representatives for Luma Condominium, currently under construction in Seattle’s First Hill neighborhood, today announced sales for the 24-story condominium tower are at...
Schnitzer West and Investcorp Purchase 901 Fifth Office Tower for $223.3MM
(EDITOR'S NOTE: According to public records, the property sold for $223.3 million, or $413 per square foot. The seller of the property was...
Chinese Investment in U.S. Real Estate Holds Steady with Growing Focus on Seattle
By Jacob Bourne In May the Asia Society and Rosen Consulting Group published Breaking Ground: Chinese Investment In U.S. Real Estate, to analyze...
Newmark Realty Capital Secures $40MM for Ballard’s On the Park Apartments
Newmark Realty Capital, Inc. has arranged permanent financing in the amount of $40,000,000 for a 2009 construction, 268-unit apartment complex with 43,000 square...
