Commercial
Los Angeles-Based Staley Point Capital Buys Seattle Industrial Asset for $32MM
By Meghan Hall A commercial real estate firm with a specific focus on industrial properties has purchased a SoDo property amidst the asset...
Unispace Acquires Global Experiential Design Firm Downstream
(October 8, 2021) — Global workplace strategy, design and construction firm Unispace today announced its acquisition of Downstream, a global experiential design expert with an expansive portfolio of integrated...
Report: Big Tech Boosts Eastside Office Market Post-COVID-19
By Meghan Hall The Puget Sound’s Eastside markets have made headlines in recent years thanks to the increasing number of big-name technology companies...
Mariners Sign Long-Term Lease For Old Pyramid Brewery Building
(EDITOR’S NOTE: Public records indicate that the building at 1201 1st Ave. S. Totals 62,352 square feet and sits on just under 2.41...
DWS Group Creates $1.3B Industrial Fund with Majority of Assets on the West Coast
By Jon Peterson In a sign that interest in industrial real estate is nowhere near its conclusion, another global institutional investor is pushing...
U District Station in Seattle Opens
Seattle, Washington – October 6, 2021 – LMN Architects celebrates the opening of the U District Station and the completion of the 4.3-mile...
Entity Affiliated with KKR Buys Federal Way Hotel for $25.4MM
By Meghan Hall New York-based global investment company KKR has added to its Puget Sound portfolio. In a deal that closed mid-September but...
Lift Partners Raises Third Discretionary Fund with $205MM in Commitments
San Francisco, CA. (October 5th, 2021) – Lift Partners, a San Francisco-based real estate investment firm, is pleased to announce the closing of...
Amazon-Leased Property in Salem, Ore. Sells for $28.25MM
(EDITOR’S NOTE: According to a number of published industry reports, the property is leased to Amazon.) SALEM, Ore., October 5, 2021 – Cushman & Wakefield...
KKR Closes $4.3B Americas Opportunistic Real Estate Fund
(EDITOR’S NOTE: According to sources familiar with the fund, KKR will be investing in several markets, including the San Francisco Bay Area, Seattle...
Partners Group and Unico Properties Sell Seattle Office Asset for $164.5MM
(According to public records, the building sold for $164.5 million, or about $779 per square foot. The buyer is a limited liability company...
Terreno Realty Corporation Acquires Property in Woodinville for $23.6MM
BELLEVUE, Wash. — Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial...