Finance
Merlone Geier Sells 118,582 SQFT Shopping Center in Federal Way for $23.6MM
By Catherine Sweeney Over the past several months, San Francisco-based real estate company Merlone Geier has been selling off assets across the West...
AIMCO in Contract to Sell 135-Unit 2900 On First in Seattle’s Belltown for $69MM
By Vladimir Bosanac The multifamily sector across the greater Puget Sound region continues its healthy pace. In another transaction that will close later this...
AIMCO Achieves +50% IRR on Partial Sale of Equity Interest in Life Science Developer IQHQ
By Jon Peterson Denver-based Apartment Investment and Management Company (AIMCO) achieved a very strong return on the sale of its 22 percent passive equity...
Meriwether Partners Places 62,000 SQFT Russell Hall in Seattle’s U District up for Sale
By Jon Peterson Meriwether Partners, with company offices in both Seattle and Portland, has made the decision to place on the market for sale...
Thayer Manca Buys 80-Unit Ballard Apartment Complex for $20MM
(EDITOR’S NOTE: According to sources familiar with the transaction detail, the property sold for $20 million, or $250,000 per unit. The cap rate...
Affinity Real Estate Sells 111-Unit Apartment Building in Tacoma for $46.2MM
By Catherine Sweeney Tacoma has seen no shortage of multifamily deals over the past couple of months. In one such sale that was...
85,000 SQFT The New York Asset in Portland up for Sale
By Jon Peterson Two family offices based in the Portland area that are part of Rosan Inc. and Anderson Construction have decided to...
First Industrial Realty Pays $20MM for 12,500 SQFT Industrial Building in Pacific, Wash.
By Catherine Sweeney The industrial sector has been performing well across the Puget Sound region, with institutional investors continuing to take interest in...
Private Investor Offers up for Sale Pepper Hill Center in Shoreline with $25MM Asking Price
By Jon Peterson A Seattle-based private investor has placed on the market for sale the 45,126 square foot Pepper Hill Center retail shopping center...
Clackamas’s Sunnyside 205 Retail Center Sells for $25.8MM
Located Right Off the I-205 Freeway, the 4.5-Acre Property Enjoys a Variety of Longstanding and New Retail and Medical Tenants CLACKAMAS, OR –...
Economic Recovery Initiative Seattle Restored to Activate 45 Vacant Commercial Properties Throughout City
Seattle – The City of Seattle Office of Economic Development (OED) and Mayor Bruce Harrell announced the expansion of Seattle Restored—an economic recovery...
17-Unit NOREG Apartments in Seattle’s Ballard Neighborhood Sells for $5.25MM
Seattle, WA –– For the first time since its construction in 1985 NOREG Apartments, a 17-unit apartment community the heart of Seattle’s Ballard...