Finance
Prologis to Acquire Nearly 14MM SQFT of Industrial Properties from Blackstone in $3.1B Deal
SAN FRANCISCO and NEW YORK — Prologis, Inc. (NYSE: PLD) and Blackstone (NYSE: BX) today announced a definitive agreement for Prologis to acquire...
CNBC: Carlyle’s David Rubenstein Sees Discounted Real Estate Debt ‘Biggest Opportunity Over the Next 2 or 3 Years’
David Rubenstein, The Carlyle Group co-founder and co-chairman, joins ‘Squawk Box’ to discuss the market trends, the Fed’s rate hike campaign, commercial real...
Pine Forest Properties Buys 102-Unit Apartment Building in Redmond for $46.5MM
By Kate Snyder Redmond has recorded another multifamily sales transaction. Aria Apartments traded hands for $46.5 million, or approximately $455,882 per unit, according...
720,000 SQFT Southport Office Complex in Renton Taken Over by Lender Starwood Capital Group
By The Registry Staff The Southport complex on Lake Washington in Renton, specifically its office portion, will not be auctioned off as previously...
Report: Troubled Commercial Real Estate Assets Across US Reach $64B in Q1’23
By The Registry Staff The US commercial real estate industry is facing a growing sense of distress, as troubled assets reached nearly $64...
Invesco Real Estate Buys 100,600 SQFT Industrial Building in Fife for $22.8MM
By Kate Snyder The Puget Sound region recorded another industrial sale recently. A property in Fife that is currently occupied by Pacific Office...
Vintage Housing Sells 38,000 SQFT Mixed-Use Property in Mill Creek for $18.5MM
By Kate Snyder Sales transactions continue to be recorded in Snohomish County. One recent deal in Mill Creek involved a mixed-use property known...
5,500 SQFT Coplen Building in Portland Sells for $1.5MM
Mayahuel Management LLC recently completed the $1,500,000 purchase of the Coplen Building, located at 1200-1208 NW Glisan Street in Portland, Oregon. The Coplen...
49,700 SQFT Mountain View RV & Mini Storage in Madras Sells for $6MM
MADRAS, OR, June 19, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing,...
G.W. Williams Company Sells 126-Unit Delano Apartments in Redmond for $54MM
By Kate Snyder Redmond’s multifamily market continues to draw sales activity with a recent transaction involving an apartment complex in the heart of...
Tacoma’s Point Ruston Developer Pulls Out of Project, Citing Costs and Technical Difficulties With Site
By The Registry Staff The developer responsible for Tacoma’s Point Ruston has decided to withdraw from a purchase-and-sale agreement with the city of...
Mill Creek Residential Purchases 50-Unit Townhouse Community in Shoreline for $13.8MM
By Kate Snyder Shoreline continues to attract investors to its multifamily market. An apartment complex in the city’s Richmond Highlands neighborhood was sold...