Massachusetts Pension Reserves Investment Management Board, Mass PRIM, Life Science, Blackstone, Blackstone Property Associates, San Francisco, Bay Area, Seattle

Massachusetts State Pension Fund Plans $200MM Co-Investment with Blackstone for Life Science Portfolio

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By Jon Peterson Massachusetts Pension Reserves Investment Management Board (Mass PRIM) has approved a $200 million commitment into a co-investment of a large life science...
REI, Facebook, Spring District, Bellevue, Wright Runstad, Shorenstein Properties

REI Co-Op Sells Spring District HQ to Facebook for $390MM

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SEATTLE –  REI Co-op announced today that it has completed the sale of its newly completed corporate campus in the Spring District neighborhood of...
Polygon, Taylor Morrison, Bothell, Brookfield, Seattle Times, Preston North Townhomes

Polygon Homes Buys Bothell Development Site for $11.7MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d2681.6593041205447!2d-122.18093508435844!3d47.76866236838185!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54900e8bac74e257%3A0x2dae90791d72ed37!2s19262%20120th%20Ave%20NE%2C%20Bothell%2C%20WA%2098011!5e0!3m2!1sen!2sus!4v1600037397366!5m2!1sen!2sus&w=800&h=450] By Meghan Hall Demand for for-sale product—including townhomes and condominiums—has emerged as a strong market as interest rates remain competitive and buyers look to...
Urban Vision, The Net Seattle, Martin Smith Inc., Mitsui Fudosan America Inc., Seattle, NBBJ, Pioneer Square

Entitled Downtown Seattle Development Site Sells for $127.7MM

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By Meghan Hall With an eye on the future, investors are moving forward with deals in Seattle, and an entitled site ready for redevelopment office...

Podcast: Christopher Yip, Partner @ RET Ventures

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Christopher Yip is a partner at RET Ventures, a venture capital firm focused on the property technology or PropTech space. He’s based in San Francisco...
Tacoma, Westminster Towers, PCS Kent LP, Westminster Towers LLC, Knol Apartments, Providence Landing

Tacoma Continues to Attract Investors as Westminster Towers Apartments Sells for $28MM

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By Meghan Hall As the Puget Sound’s economy continues to grow, investor interest in the suburbs has also increased in markets both East and South...
Seattle, Terry Thomas, CBRE, South Lake Union, Weber Thompson

Local Partnership Puts Terry Thomas Office Asset in Seattle up for Sale, Pricing Could...

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By Jon Peterson A local partnership that includes developer Mike Hess has placed on the market for sale the Terry Thomas 44,445 square foot office...
ATTOM Data Solutions, U.S. Foreclosure Market Report, San Francisco, Seattle

U.S. Properties With Foreclosure Filings See A Slight Uptick As Coronavirus Pandemic Continues

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9,889 U.S. Properties Received a Foreclosure Filing in August 2020, Up 11 Percent from Last Month; Foreclosure Rates Highest in South Carolina, Florida and Iowa; Foreclosure...
Mill Creek Residential, Modera First Hill, Seattle, OZH Holding 4 LLC, Kidder Mathews

Mill Creek Residential Sells First Hill Apartment Complex in Seattle for $125MM

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By Meghan Hall Multifamily developer and operator Mill Creek Residential has sold off one of its numerous Puget Sound area assets, marking one of the...
Northlake Plaza, Fremont, Google, Adobe, Microsoft, I-90 Corporate Campus, Farmers Insurance, Seattle, Kidder Mathews

Northlake Plaza Office Asset in Seattle Trades for $13.7MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d5375.675667471978!2d-122.34764764489788!3d47.64871806277586!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549015014200629b%3A0x5a0cdb46d9058087!2s936%20N%2034th%20St%2C%20Seattle%2C%20WA%2098103!5e0!3m2!1sen!2sus!4v1599674014868!5m2!1sen!2sus&w=800&h=450] By Meghan Hall An office asset just across the street from Lake Union has traded as deal volume around the region begins to recover....

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Oakley Executive RV & Boat Storage, Oakley, Brentwood, Danville, Rio Vista, PG&E, Amazon, Tracy, Richmond, Discovery Bay, Toy Storage Nation, Lake Berryessa, Love's Truck Stop, Public Storage

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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