Finance
CalSTRS Preparing for Real Estate Write-Downs As Economic Outlook Remains Uncertain
By The Registry Staff The California State Teachers’ Retirement System (CalSTRS), one of the largest public pension plans in the US, is preparing...
Inspired Healthcare Capital Purchases 119-Unit Crescent Park in Eugene for $35MM
EUGENE, Ore. – April 20, 2023 – Cushman & Wakefield announced today that the real estate services firm has arranged the sale of...
Hyperion Realty Capital Buys 103,000 SQFT Beaverton Town Square for $42.3MM
(Editor’s Note: Public records show the sale price was $42.3 million, or approximately $410 per square foot.) LAKE OSWEGO, OREGON (January 31, 2023)...
Balboa Retail Partners Buys 372,000 SQFT The Streets of Tanasbourne in Hillsboro for $53.5MM
(Editor’s Note: Public records show the sale price was $53.5 million, or approximately $143 per square foot. The property had a $92.5 million...
Ethos Development, Lombard Equities Group Purchase 53-Unit Pine Street Townhomes in Tacoma for $17MM
By Kate Snyder A recent sale in Tacoma’s multifamily market shows that investors are still interested in the area. The Pine Street Townhomes...
5-Acre Land Lease in Auburn Hits the Market for $12MM
By Jelena Krzanicki Despite the consistent decline in the overall sales volume across South King County in the last three years, industry sources...
Fremont Dock Co Secures $11.7MM Permanent Financing for Brooks-Occupied Building in Seattle
(Editor’s Note: Public information shows that the building owner is an entity affiliated with Unico Properties and Partners Group. According to a source...
Skanska Amends Contract for 538,000 SQFT Hospital Expansion in Portland for $111MM
Skanska has signed a contract amendment with Oregon Health & Science University for its Hospital Expansion Project in Portland, Oregon, USA. The contract...
Highline Capital Buys 51-Unit Manhattan Apartments in Normandy Park for $9.9MM
SEATTLE (April 14, 2023) — CPX announced another sale in its multifamily asset line, Manhattan Apartments, located at 18243 1st Ave S Normandy...
Humana Announces Additional $40MM Investment in Affordable Housing, Including Washington State
Latest round of funding raises Humana’s total financial commitment for affordable housing to $90 million, increases scope of national program to include additional...
Manulife U.S. REIT Sells 133,000 SQFT Tanasbourne Commerce Center in Hillsboro for $33.5MM
By Kate Snyder Another property sale in the Pacific Northwest has been recorded at a slight loss for the seller. The three-building Tanasbourne...
Allen Distribution Signs 293,000 SQFT Lease at Tarragon’s SeaPORT Logistics Center in Sumner
Seattle, WA (April 2023) – Tarragon is pleased to announce signing a 293,000 SF lease with Allen Distribution at its SeaPORT Logistics Center....