Report: Increased Transportation Costs Lead to Record High Industrial Demand Across the U.S.
By Catherine Sweeney
Industrial leasing activity across the U.S. has been soaring to new records as a result of supply chain backlogs and the growth...
Lake Union Partners Sells Seattle’s Stencil Apartments for $18.5MM
By Meghan Hall
Lake Union Partners has sold off the Stencil Apartments in Seattle, closing on the $18.5 million deal this past week. San Mateo-Calif.-based...
Magnolia Apartments in Seattle Sold for $19.5MM
By Meghan Hall
California investors continue to pour money into the Puget Sound investment market as the region’s economy grows. In a deal that recorded...
Glacier Run Phase II in Puyallup Refinanced for $27.57MM
SEATTLE, WASHINGTON (October 21, 2021) – Bob Spiro, senior vice president, and Scott Moline, vice president of NorthMarq’s Seattle office completed the $27,575,000 refinance of Glacier...
JLL Announces Acquisition of Building Operations Tech Company Building Engines for $300MM
Acquisition to expand reach and extend open ecosystem of advanced property management platform for real estate investors and operators
CHICAGO, Oct. 21, 2021 – JLL today announced...
Security Properties Buys Kent’s Midtown 64 Apartments for $141.1MM
By Meghan Hall
Security Properties has once again added to its already prolific Washington property portfolio. In a deal that closed yesterday, the firm purchased...
WeWork, BowX Acquisition Corp. Announce Closing of Business Combination to Create Publicly-Traded Flexible Space...
WeWork to begin trading on the New York Stock Exchange under the ticker symbol “WE” starting October 21, 2021Business combination that closed on October...
Seattle’s Northgate Executive Center Trades Hands, Sells to Nicola Wealth for $72.3MM
By Meghan Hall
Assets around the Puget Sound continue to trade hands. In another deal, Seattle’s Northgate Executive Center sold for $72.3 million, or about...
Prologis Buys Seattle Nissan Dealership for $18.425MM
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By Meghan Hall
San Francisco-based real estate investment trust Prologis has made another acquisition in Seattle, adding to its Puget Sound portfolio. According to...
Entity Affiliated with DWS Sells Tower 801 Apartments in Seattle for $64MM
By Meghan Hall
After just over two years of ownership, a major institutional investor has traded away an apartment asset located in downtown Seattle. The...