Commercial
Center Plaza in DuPont Sells for $10.3MM
Davis Property & Investment has announced the sale of Center Plaza 6 in DuPont Washington to Northwest Carpenters Institute (NWCI). The asset sold...
120,000 SQFT Bay Vista in Seattle Secures $36MM Bridge Loan
SEATTLE, September 18, 2019 – JLL announces that it has placed a $36 million bridge loan on Bay Vista, a 119,793-square-foot, mixed-use commercial condominium with...
Redmond’s Overlake East Center Sells for $41MM
(EDITOR’S NOTE: According to public documents, the buyer was San Francisco-based Merlone Geier Partners, a real estate investment firm that focuses exclusively on...
BKM Capital Acquires 133,595 SQFT Multi-Tenant Industrial Portfolio Federal Way for $14.7MM
NEWPORT BEACH, Calif., (Aug. 12, 2019) – BKM Capital Partners, an institutional fund manager with a niche focus on value-add, light industrial multi-tenant...
Despite Widespread Demand, Disparity in Market Fundamentals Between Downtown Seattle and Outlying Submarkets Remains
By Meghan Hall It is easy to paint the region’s explosive growth with broad brush strokes in an assumption that every submarket throughout...
Fortress Investment Group Spends $11.3MM to Acquire 4.87-Acre Safeway Property in Everett
By Jack Stubbs In late June 2019, in a transaction that was recently recorded, New York-based global investment management firm Fortress Investment Group...
Menashe Properties Spends $113MM to Acquire 297,000 SQFT Medical/Dental Office Building in Downtown Seattle
By Jack Stubbs Portland, Oregon-based commercial real estate company Menashe Properties recently added a medical/dental office property in Seattle to its Puget Sound...
67,144 SQFT Covington Place Shopping Center Sells for $25MM
By Jack Stubbs On September 12th, the Covington Place Shopping Center sold for $25 million, or about $372 per square foot, King County...
Amazon Takes 500,000 SQFT at Prologis’ Georgetown Crossroads in South Seattle
By Meghan Hall The realm of e-commerce has transformed the region’s industrial product, as online retailers snap up available warehouse and storage space...
Henbart Starts Construction on 144,151 SQFT Parque Kirkland
Seattle, WA – September 10, 2019 – Henbart LLC today announced that it has broken ground on Parque Kirkland, a new mixed-use residential project located...
Digital Fortress Partners with Lincoln Rackhouse to Expand Data Center Operations to Lynnwood
DALLAS–Lincoln Rackhouse, the data center division of Lincoln Property Company with over 2.5 million square feet of mission critical space under management, announces...
Kennedy Wilson and Security Benefit Acquire Sunset North in Bellevue for $227MM
BEVERLY HILLS, Calif.–Global real estate investment company Kennedy Wilson (NYSE: KW) today announced the formation of a new joint venture platform with Security Benefit (“Joint...