Finance
Synergy Affiliate Buys Former Selig Site in Seattle for $5.3MM with Plans for 120-Unit Apartment Tower
Rex Modular, an affiliate of Synergy Construction and Development, would use the estimated $40 million project as its proof-of-concept for high-rise modular construction...
InSite Property Group Acquires 12-Building Self Storage Asset in Auburn for $13.9MM
The acquisition marks the Redondo Beach-based firm’s second South King County self-storage purchase in recent months as it continues to build out its...
Rosen Harbottle Sells 32,000 SQFT High-Tech Flex Building in Bothell for $10MM
The North Creek Tech Center property traded at approximately $310 per square foot, the second flex deal in Bothell’s North Creek corridor this...
Pacific Science Center Sells Northeast Campus Corner in Seattle, Including Boeing IMAX Theater, for $17.25MM
The deal covers less than 25 percent of PacSci’s campus and will fund urgently needed infrastructure upgrades to the landmark 1962 World’s Fair...
Consumer Spending Shows Early Signs of Caution as Income Strength Meets Emerging Headwinds
A modest gain in January spending masks slowing discretionary activity, while rising gasoline prices tied to the Iran conflict threaten to weigh on...
Pacific NW Properties Secures $12MM Permanent Refinance for 192,000 SQFT Industrial Property in Hillsboro
Pair of Hillsboro Buildings Strategically Located for Regional Logistics and Smaller Space Users on Highway 26; Life Company Loan Offers Attractive Fixed Rate...
Oregon Lawmakers Approve $2.1MM to Acquire 180-Acre Abiqua Falls Property Near Silverton
The bipartisan deal secures a beloved 92-foot waterfall listed on Redfin, but state park officials warn that millions more will be needed to...
Clarion Partners Sells 72,000 SQFT West Valley Distribution Center in Kent for $16.5MM
Los Angeles-based investment manager exits fully leased industrial asset at approximately $229 per square foot, realizing a 39 percent gain over its 2018...
Lennar Posts Q1 Revenue Miss as Geopolitical Risks and Institutional Buyer Pullback Cloud Nation’s Largest Homebuilder
The company’s $6.62 billion quarter fell 13 percent short of the prior year, with management flagging a widening set of macro risks even...
Trammell Crow’s High Street Residential Acquires 56,000 SQFT Office Site in Bellevue for $34.2MM, Plans 351-Unit Apartment Development
The transit-oriented redevelopment site at 11040 Main Street sits directly across from a newly opened light rail station and has already received city...
Rising Oil Prices Cloud U.S. Growth Outlook as Labor Market Stalls, Analysts Warn
The bank’s March economic outlook trims consumer spending forecasts and raises inflation expectations amid the Iran-driven energy shock, while still projecting the expansion...
Mercer Wine Estates Acquires Four Brands from Woodinville’s Avallé, Completing Vine-to-Bottle Integration in Columbia Valley
Prosser-based multigenerational grower formalizes longstanding grape supply relationship by absorbing Matthews, Tenor, Jaine, and Single Barrel along with key winemaking and executive talent...
