Kaiser Permanente Spends $36.25MM on Land in Seattle’s Yesler Neighborhood

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(EDITOR’S NOTE: The sale closed on January 7th, 2021, according to public records. Kaiser is planning to develop a new multi-specific medical center on the...
CPP Investments, Greystar Real Estate Partners

CPP Investments and Greystar Real Estate Partners Form U.S. Multifamily Development Joint Venture

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TORONTO, Jan. 7, 2021 -Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar), a global leader in the investment,...
Young’s Market Company, Tacoma, Marcus & Millichap

Tacoma’s Young Market Company Sells Asset for $2MM

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TACOMA, WA, January 4, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services,...
Ogata Professional Building, Sammamish, Marcus & Millichap

Juanita Dentistry Building in Kirkland Sells for $2.2MM

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KIRKLAND, WA, January 4, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services,...
Ogata Professional Building, Sammamish, Marcus & Millichap

Sammamish’s Ogata Professional Building Sells for $2.75MM

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SAMMAMISH, WA, January 4, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services,...
Construction

Katerra Announces $200MM Capital Raise Mainly from SoftBank to Strengthen Balance Sheet

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Shareholders Vote to Recapitalize and Move Forward with Renewed Strategic Focus on Transformative Technology Platform for Industrialized Construction MENLO PARK, Calif., Dec. 30, 2020 -- Katerra, a technology-enabled construction...
CenterPoint, Renton, Kidder Mathews

CenterPoint Caps Busy Q4 With First Renton Acquisition for $10.95MM

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(EDITOR’S NOTE: According to public documents, CenterPoint purchased the property on December 24th. The deal closed at $10,950,015, and the seller was a private...
CenterPoint, MRM Kent LLC, Kent, Newmark

CenterPoint Adds Kent Facility to Burgeoning Seattle Portfolio for $14.27MM

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(EDITOR’S NOTE: According to public records, the property sold on December 18th for $14,226,015. The seller was MRM Kent LLC.) OAK BROOK, ILLINOIS – CenterPoint Properties...
BioMed Realty Seattle South Lake Union Beebe Realty Dexter Yard Vulcan Real Estate Lakefront Blocks Deka Immobilien

Amazon Launches $2B Housing Equity Fund to Make Over 20,000 Affordable Homes

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SEATTLE--Amazon today announced the Housing Equity Fund, a more than $2 billion commitment to preserve and create over 20,000 affordable housing units in Washington...
Deutsche Asset Management Henry K. Ketcham Lumber Company, Auburn, Park 277 5103 D Street NW

Deutsche Asset & Wealth Management Buys Auburn Industrial Building for $21.2MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d86496.58160282378!2d-122.23935168400853!3d47.35304311345168!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549059114affce31%3A0xc2654c2d63d0b362!2s5103%20D%20St%20NW%2C%20Auburn%2C%20WA%2098001!5e0!3m2!1sen!2sus!4v1610056702701!5m2!1sen!2sus&w=800&h=600] By Meghan Hall The industrial asset class has proven to be the industry darling over the past year, with deals continuing to close right...

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Q&A: Chris Koenig Gives Perspective on Niche Segment of Storage Sector

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By Catherine Sweeney  While self-storage assets have gained popularity in the past several years, some property owners are exploring more niche segments of the storage...

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