Smith Automotive Group Chevrolet of Bellevue Development Owner LLC Puget Sound

Chevrolet of Bellevue Property Sells for $24MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d21516.751221349918!2d-122.20205136139482!3d47.614585579185146!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54906c604e4463ed%3A0x757aff1d1d6932ce!2s430+116th+Ave+NE%2C+Bellevue%2C+WA+98004!5e0!3m2!1sen!2sus!4v1482335712798&w=640&h=450] The Smith Automotive Group sold last week the property where its Chevrolet of Bellevue is housed for $24 million. The buyer was a...
Embarcadero Capital Partners Puget Sound Lynwood Alaska Electrical Pension Fund RREEF Alderwood Mall Seattle Bellevue Blackriver Corporate Park Renton

Alaska Pension Fund Buys Lynwood Office Property for $42.1MM

Belmont, Calif. -based Embarcadero Capital Partners sold last week one of its Puget Sound assets, this one located 3400 & 3500 188th Street SW...
LBA Realty, Renton, Puget Sound, Time Square, Greenbridge Investment Partners, Cushman & Wakefield Commerce, Kidder Mathews

LBA Realty Sells Renton Office Park for $54.5MM

Irvine, Calif. -based LBA Realty sold last week its Time Square property in Renton for $54.4 million, or $168 per square foot, to Beverly...
Lionstone Investments Esterra Park Redmond Overlake Lincoln Property Company AvalonBay Communities Eastside Puget Sound housing Seattle

Lionstone Sells Three Redmond Lots in Esterra Park for $49.5MM With Repurchase Options

Houston, Tex. -based Lionstone Investments sold three lots in the Esterra Park development community in Redmond’s Overlake district to Lincoln Property Company and AvalonBay...
LaSalle Investment Management Des Moines Creek Business Park Phase I MetLife Panattoni Development Company Seattle CBRE Brett Hartzell

LaSalle Pays $68MM For Phase I of Industrial Property in Des Moines, WA

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43187.46390000885!2d-122.33507500108297!3d47.42722176658129!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54905b6d7dfe967f%3A0x819eb3b63891d822!2s2341+S+208th+St%2C+SeaTac%2C+WA+98198!5e0!3m2!1sen!2sus!4v1481934444709&w=640&h=450] By Jon Peterson Chicago-based LaSalle Investment Management has paid $68 million to acquire the 545,859 square foot Des Moines Creek Business Park Phase I...

DCT Celebrates 10-Year Anniversary as Major Industrial Market Player

By Jacob Bourne Denver based DCT Industrial marked its 10-year anniversary of becoming a publicly traded company on December 13. The company’s executive team and...
John McNellis, McNellis Partners, Palo Alto

McNellis: Is Retail’s Middle Earth Flat?

By John McNellis We own and develop suburban neighborhood shopping centers within about a two-hour drive of San Francisco. We both build new projects and...
Prudential, Hilton Hotel, Bellevue, Puget Sound, Doubletree, Wig Properties, Red Lion Hotel

Prudential Sells Bellevue’s Hilton Hotel for $84.2MM

The Prudential Insurance Company of America, sold last week the 353-room Bellevue Hilton Hotel to Bellevue-based WIG Properties for $84.2 million, or just over...
Tacoma, DCT Blair Logistics Center,DCT Industrial Trust, Puget Sound, SSA Tacoma, Kidder Mathews

DCT Buys Tacoma Industrial Site for $28MM; Plans 1.2MM SQ FT Office/Warehouse Complex

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43318.8761280451!2d-122.41819692156989!3d47.26685297916374!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549055e1ce53300d%3A0x14c46e19f0c3f55b!2s3320+Lincoln+Ave%2C+Tacoma%2C+WA+98421%2C+USA!5e0!3m2!1sen!2suk!4v1481529291331&w=640&h=450] Strong performance of the Puget Sound real estate market continues late into the year, this time with another industrial site in Tacoma selling...
Washington State Convention Center Seattle Pine Street Group LMN Architects Puget Sound

Fourteen Benefit Packages for Seattle’s Convention Center Addition Project

The doubling of the Washington State Convention Center in Seattle is nearing its planning phase, and the project developer, Pine Street Group LLC is...

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