Realty Income Corporation, Home Depot, Real Estate Investment Corporation, Tacoma

San Diego-Based REIT Spends $60.9MM on Pierce County Properties

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d173389.1850057448!2d-122.640703483568!3d47.23211062673653!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x5491aab5fd4ba34d%3A0xbf9822059923f77e!2s4602%20Center%20St%2C%20Tacoma%2C%20WA%2098409!5e0!3m2!1sen!2sus!4v1643597637868!5m2!1sen!2sus&w=800&h=450] By Meghan Hall An entity affiliated with Realty Income Corporation has spent more than $60 million on two Pierce County properties, real estate records...
MainVue Homes, KB Home, Bothell, Puyallup, Jewell Road

Bothell Single-Family Development Site Trades Hands for $24MM

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Jewell Road By Meghan Hall As new jobs and big investment has flowed into Bothell, housing is following suit. In a deal that closed on January...
Hines, Lowe Enterprises, Talisman Apartments, Redmond, Microsoft, Hines U.S. Property Partners, 343 Industries

Hines Buys Redmond’s Talisman Apartments for $173MM

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By Meghan Hall It has been a busy day in the Puget Sound, with a number of sizable commercial deals closing and coming to light....
Patrinely Group, The Broderick Group, Dune Real Estate Partners, Bellevue, FANA Group of Companies, FOUR106

Patrinely Group and Dune Real Estate Partners Acquire Bellevue Development Site for State-of-the-Art Office Tower...

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(EDITOR'S NOTE: According to public records, the asset traded for $95.5 million.) Bellevue — Patrinely Group, in partnership with affiliates of Dune Real Estate Partners (“Dune”),...
Second & Seneca, Rockwood Capital, Northwood Investors, Urban Renaissance Group, Seattle

Rockwood Sells Two Buildings—Including Seattle’s Second & Seneca—for $382MM

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By Meghan Hall The future of office may be up for debate, but that hasn’t stopped investors from taking the plunge. In a big deal...
Storage One Self Storage, Renton, William Warren Group, BPR Renton, KKR, Red Hat Enterprises, CBRE Global Investors

Santa Monica, Calif.-Based Company Buys Self-Storage Asset for $16.3MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d172507.239655944!2d-122.32993095267659!3d47.501101802678164!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54906814b99b9ac3%3A0x923c0ac6c2ed6bce!2s1105%20Sunset%20Blvd%20NE%2C%20Renton%2C%20WA%2098056!5e0!3m2!1sen!2sus!4v1643240057181!5m2!1sen!2sus&w=800&h=450] By Meghan Hall Self-storage has long considered a niche asset class in the world of commercial real estate. However, over the past two years,...
McDonald’s, Chase Bank, 1953 Westlake, Fidelity Investments, Meriwether Advisors, Seattle, Kidder Mathews

Downtown McDonald’s Sells for Triple Amount Purchased in 2016

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43035.54924217187!2d-122.37349321237511!3d47.61209839317115!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x5490154b1abda7b3%3A0x6c7d525b11703e38!2s1953%20Westlake%20Ave%2C%20Seattle%2C%20WA%2098101!5e0!3m2!1sen!2sus!4v1643161516995!5m2!1sen!2sus&w=800&h=450] By Meghan Hall It is no secret that Seattle’s commercial real estate market has exploded over the past five years as big tech and...
STORE Capital, Basis Independent Schools, Bellevue, Jewish Day School of Metropolitan Seattle,

Jewish Day School of Metropolitan Seattle Sells for $18.5MM

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By Meghan Hall A private school in Bellevue has sold. In a deal that was finalized just before the end of last year, ther Jewish...
Gabe Burke Accenture Real Estate & Workplace Solutions consulting practice

Opinion: Corporate Real Estate Has Become a Black Hole That Devours Money. Time to...

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Written by Gabe Burke. Edited by Sharon Simonson. Real estate portfolios must be restructured. To delay no longer makes sense. When the pandemic began, no...
Vulcan, Google, Lakefront Blocks, Seattle, South Lake Union, Newmark, Broderick Group, Ondina,

Vulcan Gears Up for Sale of Google-Leased Offices in Seattle’s South Lake Union Neighborhood

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By Meghan Hall Seattle-based investment and development firm Vulcan has plans to sell a key asset in Seattle’s rapidly growing South Lake Union neighborhood. According...

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Oakley Executive RV & Boat Storage, Oakley, Brentwood, Danville, Rio Vista, PG&E, Amazon, Tracy, Richmond, Discovery Bay, Toy Storage Nation, Lake Berryessa, Love's Truck Stop, Public Storage

Q&A: Chris Koenig Gives Perspective on Niche Segment of Storage Sector

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By Catherine Sweeney  While self-storage assets have gained popularity in the past several years, some property owners are exploring more niche segments of the storage...

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