Tishman Speyer Places BelleVista Project in Bellevue Under Contract for ~$155MM
By Jon Peterson
New York City-based Tishman Speyer has placed under contract the BelleVista Place re-development project in Bellevue. The potential sales price on this...
Tacoma’s Weatherly Inn Completes $35MM Refinance
SEATTLE, WASHINGTON (January 25, 2021) – Stuart Oswald, senior vice president/managing director of NorthMarq’s Seattle office, arranged the $35 million refinance of Weatherly Inn. The...
Filson’s Seattle HQ Sells for $21MM
By Meghan Hall
Outdoor clothing retail Filson—which has a storied history in Seattle—has seen its headquarters and flagship store traded to a new owner. In...
PropTech: CREtelligent Looks to Advance Industry’s Due Diligence Processes
By Meghan Hall
The due diligence process in the commercial real estate sector can be lengthy and complicated, with a number of different processes and...
Blackstone & LBA Announce $1.6B Mostly Calif. & Seattle Industrial Portfolio Recapitalization
NEW YORK & IRVINE, Ca. – January 22, 2021 – Blackstone Real Estate Income Trust, Inc. (“BREIT”) and LBA Logistics (“LBA”) today announced the recapitalization of two...
King County Purchases MV Transportation Site for $11.5MM
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By Meghan Hall
Nearly two years after signing a five-year access contract with MV Transportation, to expand services to qualifying riders throughout Seattle, King...
$20.8MM in Long-Term Financing Secured for 232-Unit Spokane Multifamily Acquisition
Northern Heights Apartments Sits West of Spokane’s Municipal Border in Location Serving the Region’s Fast Growing Logistics Hubs and Related Employment ClustersSpokane, Wash. – Gantry, the...
10-Unit Enumclaw Apartments Sells for $1.2M in Off-Market Deal
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Seattle, Wash. (January 21, 2021) – A 10-unit multifamily property located at 2233 Roosevelt Avenue in Enumclaw, Washington, has sold for $1,200,000...
Alco Investment Co. Buys Two Eastside Business Parks for $155MM
By Meghan Hall
Kent, Wash.-based Alco Investment Company has made a big investment into the Eastside, acquiring two flex/life sciences complexes in Redmond and Bothell...
Carmel Partners, Deutsche Bank, Seal $279MM Deal on Bellevue Apartment Complex
By Meghan Hall
A massive apartment development near the heart of the action in Bellevue has traded hands. San Francisco-based Carmel Partners has sold off...