Deutsche Management Buys Office Building in Pioneer Square for $34MM

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By Jon Peterson New York City-based Deutsche Asset & Wealth Management has paid $34 million or $465 per square foot to buy the 73,000 square...

Los Angeles Pension Fund Doubles the Value on the Sale of Apartment in Renton

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By Jon Peterson The Los Angeles County Employees Retirement Association has sold the 288-unit Pebble Cove Apartments in Renton for $49.5 million, or $171,875 per...

Empty Lenora in Seattle Snatched Up for $40MM

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CWS Capital Partners is the reported buyer of the empty Lenora apartment building in downtown Seattle, according to Puget Sound Business Journal. The six-story...

Bentall Kennedy to Have Single Owner, Continue to Target Seattle Investments

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By Jon Peterson Toronto-based Bentall Kenndy Group is now planning to be owned by a single institutional capital source with yesterday’s announcement of its planned...

Principal Green Fund Invests in New Project in South Lake Union

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By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has made an equity investment in a new office development in South Lake Union for...

Kennedy Wilson Adds Major Exposure to Seattle with $78MM Investment in Vintage Housing Holdings

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By Jon Peterson Los Angeles-based Kennedy Wilson has made a major increase to its holdings in Seattle with a $78 million equity investment in Newport...

Greystar Expands Seattle Presence with $128MM Kirkland Apartment Buy

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By Jon Peterson Charlestown, S.C.-based Greystar has bought its first apartment property ever in the Kirkland market with the acquisition of the 496-unit Resort at...

UDR Plans for Higher Cap Rates by Buying Apartments Still in Development

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By Jon Peterson Denver-based UDR will be able to achieve cap rates that are 50 to 125 basis points higher by buying apartments in Seattle...

CalSTRS’ New Single-family Commitments to Target Seattle

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By Jon Peterson California State Teachers Retirement System has approved $150 million worth of new commitments in real estate targeting single-family investment opportunities. These two...

Seattle’s Waterfront Maritime Building Sold for $13MM

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Beacon Capital Partners, a Boston-based real estate investment company, is the reported buyer of the 911 Western Avenue building in Seattle for $13.1 million. The...

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