Finance
Lift Partners Spends $106.1MM to Acquire Two-Building, 389,684 SQFT Industrial Property in Kent
By Jack Stubbs Kent, a city in King County that has historically had an active industrial market, has seen both local and external...
Allstate Plans Sale of Vacant Building in Hillsboro with Potential Pricing of ~$150/SQFT
By Jon Peterson Northbrook, Ill.-based Allstate Corp. has placed on the market for sale an office building in Hillsboro, Oregon located at 1100...
Latitude Development Leases 234,000 SQFT to OnTrac Logistics at Baywood Park in Everett
Everett, WA – Latitude Development announced that it leased 234,458 square feet to OnTrac Logistics at Baywood Park in Everett. OnTrac Logistics will...
Trammell Crow Residential Sells 135-Unit Apartment Building in Issaquah for $103.75MM
By Catherine Sweeney High investor demand in the multifamily sector has led to an increased number of sales in the Puget Sound region....
Vine Street Group Offers up for Sale 1.35MM SQFT, 24-Building Portfolio Leased to State Government in Olympia and Tumwater
By Jon Peterson A massive state government-occupied office portfolio just hit the market, and its sale will likely test the market’s willingness to...
215-Unit Multifamily Portfolio in Bethany, Ore. Receives $50.5MM in Permanent Financing
Portland, Ore. – Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $50.5 million of permanent...
Holland Partners, Principal Real Estate Investors Receive $67MM in Financing for 235-Unit Apartment Community in Mukilteo, WA
SEATTLE – CBRE has arranged $67 million in financing for the recapitalization of Bella Terra Apartments in Mukilteo, Wash., on behalf of a...
GID Pays $242MM for 409-Unit Apartment Community in Kirkland
By Catherine Sweeney Over the past several months, multifamily assets in the Seattle metro area have been picked up by investors left and...
Summerhill Apartment Communities Pays $26MM for 4.15-Acre Redevelopment Site
By Catherine Sweeney Two years after submitting plans for a two-building apartment community near Bellevue’s Highland Park, Summerhill Apartment Communities is buying up...
Cascade Public Media Buys 77,412 SQFT Office Building in Seattle for $23MM
By Natalie Nagy After 40 years at its current headquarters, Cascade Public Media is moving into a new building. In a transaction that...
ElmTree Pays $58.7MM for 204,500 SQFT Industrial Property in Everett
By Catherine Sweeney A St. Louis-based real estate investment company is growing its footprint across the Puget Sound region. In a sale that...
BH Properties Takes $35.45MM Refinance Loan for Single-Tenant Office Building in Renton
Five-Story Building 100-Percent Leased to University of Washington Medicine; 20-Year Loan Underwritten at Attractive Fixed-Rate in What Remains a Generationally Low-Rate Climate for...