Bellevue American Capital Group Addison Greens Puyallup Seattle Pacific Plumbing Supply Company Lowe Enterprises Deer Creek Apartments Lewis-McChord

American Capital Group Sells Two Puyallup Apartment Complexes for $67.9MM

Bellevue-based American Capital Group, the developer and owner of nearly 12,000 apartment units across the Western United States sold this week two apartment complexes...
LaSalle Investment Management Des Moines Creek Business Park Phase I MetLife Panattoni Development Company Seattle CBRE Brett Hartzell

LaSalle Pays $68MM For Phase I of Industrial Property in Des Moines, WA

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43187.46390000885!2d-122.33507500108297!3d47.42722176658129!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54905b6d7dfe967f%3A0x819eb3b63891d822!2s2341+S+208th+St%2C+SeaTac%2C+WA+98198!5e0!3m2!1sen!2sus!4v1481934444709&w=640&h=450] By Jon Peterson Chicago-based LaSalle Investment Management has paid $68 million to acquire the 545,859 square foot Des Moines Creek Business Park Phase I...
John McNellis, McNellis Partners, Palo Alto

McNellis: Is Retail’s Middle Earth Flat?

By John McNellis We own and develop suburban neighborhood shopping centers within about a two-hour drive of San Francisco. We both build new projects and...
Everett, Glen North Creek, Meridian Glen, Priderock Capital Partners, Randolph Street Realty Capital, Lowe Enterprises, BRE Properties

Everett Apartment Complex Sells for $14.1MM

Glen North Creek, formerly known as Meridian Glen, a 87-unit apartment community located at 12115 Meridian Ave S in Everett, sold last week for...
Security Properties, Redmond, The Heights at Bear Creek, State Teachers Retirement System of Ohio, The Admiral Capital Group, Kent, Puget Sound

Security Properties Buys Redmond Asset for $78.7MM

Seattle-based Security Properties just spend $78.7 million to acquire The Heights at Bear Creek, a 226-unit apartment complex located at 17771 NE 90th St....
Renton, Altitude Renton, Puget Sound, FSC Realty, Eagle Ridge Villa LLC, Meter Group, Investors Management Group (IMG), Rasameel Structured Finance Co

117-Unit Renton Apartment Community Sells for $30.2MM

The newly-constructed Altitude Renton apartment community located at 1600 S. Benson Rd. in Renton sold last week for $30,185,000, or approximately $258,000 per unit....
Prudential, Hilton Hotel, Bellevue, Puget Sound, Doubletree, Wig Properties, Red Lion Hotel

Prudential Sells Bellevue’s Hilton Hotel for $84.2MM

The Prudential Insurance Company of America, sold last week the 353-room Bellevue Hilton Hotel to Bellevue-based WIG Properties for $84.2 million, or just over...
Tacoma, DCT Blair Logistics Center,DCT Industrial Trust, Puget Sound, SSA Tacoma, Kidder Mathews

DCT Buys Tacoma Industrial Site for $28MM; Plans 1.2MM SQ FT Office/Warehouse Complex

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43318.8761280451!2d-122.41819692156989!3d47.26685297916374!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549055e1ce53300d%3A0x14c46e19f0c3f55b!2s3320+Lincoln+Ave%2C+Tacoma%2C+WA+98421%2C+USA!5e0!3m2!1sen!2suk!4v1481529291331&w=640&h=450] Strong performance of the Puget Sound real estate market continues late into the year, this time with another industrial site in Tacoma selling...
Legacy Partners, Redmond, Milehouse, UDR, Institutional Property Advisors

Legacy Partners Sells Milehouse Apartment Community for $68.45MM

The 177-unit Redmond apartment community Milehouse changed hands this month as Foster City, CA-based Legacy Partners sold the complex to Highlands Ranch, CO-based UDR....
Black Creek Group, Northern California, Seattle, Black Creek Industrial Fund, San Antonio Fire and Police Pension Fund

Prologis Pays $136MM for Boeing Field Site in Tukwila

San Francisco-based Prologis has its eyes on the Puget Sound region again. The global industrial property owner and operator paid $136 million to acquire...

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