Commercial
Beacon Capital Partners Acquires Bellevue’s One Twelfth at Twelfth Complex for $230.4MM
By Meghan Hall Another downtown Bellevue development has sold, this time to Beacon Capital Partners. The complex, known as One Twelfth at Twelfth,...
Microsoft-Leased Bravern Office Commons in Bellevue Trades to Invesco for $585MM
By Meghan Hall Following on the heels of KKR’s massive $1.2 billion acquisition of The Summit and F5 Tower, Atlanta-based Invesco has made...
KKR Buys F5 Tower in Seattle and Summit in Bellevue for $1.2B
(EDITOR’S NOTE: According to public property documents, F5 tower sold for $458 million.) Firm Closes on Two Real Estate Transactions in the Greater...
Kennedy Wilson Raises $775MM for Sixth U.S. Real Estate Fund
Closed-end, value-add fund exceeds original target; focuses on properties across the Western U.S. BEVERLY HILLS, Calif.–Kennedy Wilson (NYSE:KW) announced today that it has exceeded...
Phoenix-Based Vestar Purchases Most of Lynnwood Retail Center for $95MM
By Vladimir Bosanac A regional retail center in Lynnwood that is across the highway from Alderwood Mall has sold to Phoenix-based Vestar, a...
CIM Group Buys Hilton Seattle Garage for $42.6MM
By Vladimir Bosanac In one of the busiest transaction weeks this region has seen in a while, the sales of commercial and multifamily...
Hines Sells Renton’s Three-Building ‘Triton Tower’ Office Campus for Combined $63MM to LPC and Cerberus
By Jack Stubbs Hines, an international real estate firm based in Los Angeles, CA, recently sold—as part of two separate transactions that were...
Terreno Realty Corporation Acquires Property in Puyallup for $6.7MM
SAN FRANCISCO–Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in...
Vanbarton Buys The Danforth in Seattle for $210MM
By Vladimir Bosanac The close of the year promises to be a busy one as investors wrap up their deals ahead of the...
Par 5 Investments Spends $61.9MM to Acquire Two Class A Office Buildings Totaling 225,450 SQFT in Redmond During Busy Period for Eastside City
By Jack Stubbs Just a few days after its sale of two properties within the four-building Bellevue Business Park, Medina, WA-based Par 5...
Pacific Hospitality Group Buys Lacey Retail Center for $14MM
(EDITOR’S NOTE: According to public documents, the sale closed on December 13, 2019 for $14,000,000. The buyer was San Diego-based Pacific Hospitality Group,...
Urban Renaissance, Joshua Green Corp., Bring on New Equity Partner for Seattle’s Plaza 600 Building for $97MM
By Meghan Hall At the nexus of the Seattle’s retail core, South Lake Union and downtown, the Plaza 600 Building has been at the...