Commercial
PMF Investments Acquires the Bellevue Sheraton for $41.8MM
By Kristin Bentley The Bellevue Sheraton now has a new owner since Tuesday. The 179-room hotel, located at 100 112th Avenue N.E., was...
Proposed SoDo Sports Arena Has Seattle at a Divide Over a Street
By Kristin Bentley Seattle’s City Hall was flooded with concerned citizens Tuesday night, many wearing their Supersonics gear in support of the proposed...
Touchstone’s Bellevue Corporate Plaza Redevelopment Awaits City Approval
By Kristin Bentley The old 10-story Bellevue Corporate Plaza, located in the business core of Downtown Bellevue, may receive an additional twin tower...
Two Efforts Work Together to Lid I-5
By Kristin Bentley In an effort to geographically reconnect the city by lidding a portion of the interstate highway I-5 that cuts through...
CenterPoint Pays $21.9MM for Industrial Asset in Auburn
By Jon Peterson Oak Brook, Ill.-based CenterPoint Properties has paid $21.9 million to acquire the 152,155 square foot industrial property located at 3702...
Security Properties Buys DuPont Apartment at 5.8% Cap Rate
By Jon Peterson Seattle-based Security Properties has purchased the 188-unit Clock Tower Village Apartments in DuPont and achieved a 5.8 percent cap rate...
Weingarten Expands Seattle Presence with $65MM 2200 Westlake Deal
By Jon Peterson Houston-based Weingarten Realty Investors has expanded its presence in Seattle with its purchase of the retail space at 2200 Westlake...
Design Proposal for 100-Story Mega Skyscraper Approved
By Kristin Bentley The design of the “mega” skyscraper 4/C, planned for the corner of 4th and Columbia in downtown Seattle, was approved...
Swift to Wrap up $400MM Capital Raise in the Second Quarter
By Jon Peterson San Francisco-based Swift Real Estate Partners is nearing the completion of its $400 million capital raise and it plans to...
Capital Seniors Housing Gets 6.25 Cap on $36.25MM Buy on Queen Anne Property
By Jon Peterson Washington, D.C.-based Capital Seniors Housing has acquired the 93-unit Queen Anne Manor property in Seattle at a 6.25 percent cap...
Kennedy Wilson Raises $500MM for New Fund Targeting West Coast Assets
By Jon Peterson Beverly Hills-based Kennedy Wilson has completed its latest commingled fund capital raise with a total of $500 million for its...
Amazon Office Tower Sells for $370MM
By Kristin Bentley In a season of continued interest for Seattle commercial real estate assets, New York-based investment company, Deutsche Asset & Wealth...