Finance
Everett Council Weighs $3.5MM Funding Boost to Close Land Deals for $120MM Outdoor Event Center
A pending purchase and sale agreement is pushing Everett back to the well for stadium funding, with the city council set to vote...
Terreno Realty Acquires 21,000 SQFT Vacant Redmond Warehouse for $8MM, Expanding Adjacent Eastside Holdings
Terreno Realty Corporation has bought a second industrial building on the same block of Redmond’s 153rd Avenue NE in under a year and...
Starcloud Raises $250MM, Moves Into 100,000 SQFT Woodinville Plant
A two-year-old satellite startup is about to more than double its valuation and its factory footprint in the same month, landing in an...
Portland Pilot Finds Multifamily Energy Reporting Takes Under 10 Hours
A year-long test run across five Portland apartment properties has undercut one of the loudest objections multifamily owners raised against the city’s push...
USTA Pacific Northwest Lands Long-Term Lease for Portland Tennis Center With $2.3MM Overhaul
Portland Parks & Recreation is handing day-to-day control of one of the city’s signature recreational assets to a nonprofit tennis organization, a deal...
Seattle’s 506-Unit Multifamily Community Museum House Secures $250MM in Refinancing
Barings has stepped in with $250 million in permanent financing for Seattle’s newly completed Museum House, the twin-tower First Hill community built beside...
Historic 79,953 SQFT Ballard Building Hits Market at 98% Occupancy in Seattle
The nearly century-old Ballard Building has hit the market through Lee & Associates, offering investors a 98%-occupied, 79,953-square-foot mix of retail, office and...
178-Unit Go Go Heights Apartments Trades for $22.5MM in Spokane Amid Cooling Sales Market
Northmarq brokers the $22.5MM sale of Go Go Heights, a 178-unit Spokane apartment community, amid a stabilizing Inland Northwest market.
Tourmaline Capital Acquires 384,000 SQFT South Sound Center in Lacey for $44.1MM
Tourmaline Capital paid $44.1 million for the Trader Joe’s-anchored Lacey shopping center, ending Capital Development Company’s roughly 60-year ownership and betting that Puget...
Public Storage Pays $10.5MM for 67,000 SQFT Money Saver Mini Storage Site in Arlington
Public Storage closed on a $10.5 million purchase of the independently owned Money Saver Mini Storage & Commercial Space in Arlington, folding the...
Rialto Denies Hudson Pacific’s Second Bid to Restructure $101MM Hill7 Loans in Seattle
Rialto Capital has rejected Hudson Pacific Properties' second attempt to restructure the $101 million in debt tied to its half-empty Hill7 tower in...
Bridge Partners Affiliate Buys 195-Unit Cascadia at Fairwood Landing in Renton for $47.5MM
A Bridge Partners affiliate paid $47.5 million for the renovated Renton apartment complex, roughly $13.5 million less than Sack Properties paid for the...
