Finance
KB Home Buys Multiple Parcels of Vacant Land in Auburn for $11MM
By Kate Snyder More of the Puget Sound region’s vacant land has traded hands with a recent deal that involved several parcels in...
Report: Luxury Home Prices Post Double-Digit Drops in the Bay Area, Seattle
Luxury home prices in the Bay Area and Seattle fell between 10% and 13% in the second quarter, more than anywhere else in...
Turnbull Equity Buys 150,000 SQFT Self-Storage Portfolio in Crescent City, Calif., for $15MM
By Kate Snyder Near the edge of the California-Oregon border in Crescent City, a real estate equity firm acquired four self-storage properties, showing...
106-Room Quality Inn in Bellevue Listed for $14.5MM
By Kate Snyder With the listing of a hotel in Bellevue, the Puget Sound region’s hospitality market could soon see more sales activity....
Public Storage to Acquire Simply Self Storage from Blackstone in $2.2B Deal
GLENDALE, California and New York — Public Storage (NYSE:PSA) (the “Company”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement...
Three-Building Office Campus in Portland Listed in Mid-$20MM Range
By Kate Snyder A three-building office campus with the potential for redevelopment in Portland has hit the market. The Crossing at First sits...
Diversified Healthcare Announces Filing of Definitive Proxy Materials, Recommends Shareholders Vote for Merger with Office Properties Income Trust
NEWTON, Mass. — Diversified Healthcare Trust (Nasdaq: DHC) today announced the filing of definitive proxy materials with the U.S. Securities and Exchange Commission...
Blackdog Properties Sells Self-Storage Property in Everett for $3.4MM
(Editor’s Note: Snohomish County property records show that the sale price was about $3.4 million, or approximately $174 per square foot.) SEATTLE –...
Unico is Pushing Back on Its Property Valuations in Portland as Financial Challenges Mount
By The Registry Staff As commercial property values decline due to lower occupancies in some downtown areas, companies are taking steps to contest...
Watson Asphalt Paving Co. Sold to Lakeside Industries, Former 12.5-Acre Headquarters in Redmond Planned for Redevelopment
By The Registry Staff After the acquisition of an asphalt production and paving company in Redmond, the site the company formerly used is...
Portland Hotelier Sells 132-Room Hotel in Tacoma for $13.9MM
By Kate Snyder The Puget Sound region’s hospitality market continues to attract attention with the recent sale of a hotel in Tacoma. The...
Bridge Industrial Buys 13-Acre Kent Property for $8.5MM, Plans 180,000 SQFT Industrial Facility
By The Registry Staff Bridge Industrial has acquired the 13-acre former Malarco Aluminum property in Kent for $8.5 million. The property, which has...