32-Unit Edric Apartments in West Seattle Hits Market at $12.5MM
The 2021-vintage, 97-percent occupied building is asking $390,625 per unit at a trailing 5.32 percent cap rate, pricing above current Seattle MSA averages....
Capstone Partners Plans $130MM, 950,000 SQFT Industrial Park at Portland International Airport
PDX West Logistics seeks Port of Portland approval for a 50-year ground lease on 52.7 acres to develop speculative distribution and logistics space...
Puget Sound Apartment Deal Flow Collapses as Buyers Hold the Line on Pricing
First-quarter transactions fell to 58 across the four-county region, with sales volume down 63 percent from the prior quarter as cap rates pushed...
King County Buys 66,900 SQFT Kirkland 405 Office Building in Totem Lake for $32.6MM
The acquisition consolidates public ownership of a Totem Lake property already operating as a 24/7 behavioral health crisis center, with the seller absorbing...
Hudson Pacific CEO Outs REI Among Brand-Name Tenants Circling Seattle Office Market
An offhand name-drop on the REIT’s first quarter earnings call confirmed the outdoor co-op is hunting for new Puget Sound space, fueling speculation...
Eastdil Tapped to Market 750,000 SQFT Bravern Towers in Bellevue After QSuper Default
A King County court has greenlit the sale of the trophy Eastside office complex, with bidders already circling a property whose value has...
Barnes & Noble Reopens in Downtown Seattle with 18,000 SQFT Flagship at 520 Pike
The nation’s largest bookseller returns to the city’s retail core after a six-year absence, anchoring Tishman Speyer’s office tower with the largest downtown...
Healthcare Realty Lists 2.55-Acre Wilburton Central in Bellevue at $32MM as Covered-Land Redevelopment Play
The Nashville-based medical office REIT has tapped Cushman & Wakefield to market three contiguous parcels totaling 111,141 square feet along 116th Avenue NE,...
Related Northwest, Clackamas Housing Authority Open 275 Affordable Homes at Hillside Park in Milwaukie
First phase of 14-acre redevelopment delivers two complexes backed by $41.6MM in Metro Bond funding, with more than 225 additional units to follow...
