PGIM, American Property Management, Seattle, Vantage Park at First Hill, Yardi Matrix

PGIM Sells Two Seattle Apartment Complexes for Combined $68.4MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43041.411110152!2d-122.35339241909678!3d47.604974748456186!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54906ac79b85af1b%3A0xf8f8c4d688895a91!2s1011%20E%20Terrace%20St%2C%20Seattle%2C%20WA%2098122!5e0!3m2!1sen!2sus!4v1631675172776!5m2!1sen!2sus&w=800&h=450] By Meghan Hall Apartments across the Puget Sound continue to sell at a rapid pace, and PGIM has added to the trend with its...
Oregon Public Employees Retirement Fund, Portland, Seattle, Southern California, Northern California, AEW Essential Housing Fund

Oregon Pension Fund Allocates $250MM into AEW Essential Housing Fund with West Coast Investment...

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By Jon Peterson Demand for housing is likely not going to contract in the near to mid-term across the major employment centers across the United States....
Marcus & Millichap, US Bank, Tonasket, Seattle

US Bank Property in Tonasket Sells for $1.09MM

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TONASKET, WA, September 14, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services,...
Bothell, Trammell Crow Residential, Kidder Mathews

Trammell Crow Residential Buys Two Bothell Development Sites for $12.75MM, Plans 369 Units

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Seattle, Wash. (September 14, 2021) – The City of Bothell has made a significant step toward fully achieving its downtown redevelopment plan. Trammell Crow...
Principal Real Estate Investors Carillon Point Kirkland Gantry Seattle Eastside

$190MM Financing Deal Closed for Carillon Point Mixed-Use Property in Kirkland

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Waterfront Property in Kirkland Features Six Buildings Totaling 440,000 Square Feet of Office, a 100-Room Boutique Hotel, 37,000 Square Feet of Retail, and 200...
Optimus Properties, Portland, Park Fiesta, The Roselee Apartments

Optimus Properties Completes Purchase of Multi-Family Portfolio in Portland $10.38MM

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(EDITOR’S NOTE: According to data from Reonomy, the deals closed mid-June but recently recorded. Optimus paid $6,676,324, or about $145,137 per unit for Park...
Colliers, Tigard, Red Hat Enterprises, Portland, Extra Space Storage, Trailblazer Development

Red Hat Enterprises Spends $20MM on Tigard Self-Storage Asset

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Extra Space Storage facility in Tigard, Oregon is comprised of 86,623 square feet and 950 storage units Tigard, OR – September 13, 2021 – Senior Vice President Tom...

JB Matteson Completes $132MM in Refinancing of Six Multifamily Properties In California & Washington

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Northeast 112th Drive SAN FRANCISCO, CALIFORNIA (September 13, 2021) – Dennis Williams, senior vice president/managing director and Tom Wight, vice president of NorthMarq’s San Francisco office collaborated to...
California Public Employees Retirement System, CalPERS, Blackstone, BioMed Realty, Blackstone BioMed Life Science Real Estate Limited Partnership, Blackstone Property Partners

CalPERS Puts $800MM into Blackstone’s BioMed Life Science Fund

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By Jon Peterson The life science sector has been the darling of the commercial real estate industry over the last eighteen months, and that will...
Corporate Campus East III Bellevue American Assets Trust Newmark Ares Management SteelWave Puget Sound Seattle

American Assets Trust Buys Bellevue Campus for $84MM

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Seattle, WA (September 10, 2021) — Newmark announces it has arranged the sale of Corporate Campus East III, a four-building multi-tenant office campus located...

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Annex Apartments Portland Catholic Charities of Oregon Sister City All Hands Architecture Truebeck

Truebeck Begins Work on First Portland Affordable Housing Project to Use Cross-Laminated Timber

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Portland, OR – Truebeck, an industry-leading commercial general contractor, is pleased to announce the beginning of construction on The Annex Apartments-Affordable Housing project in...

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