Carey Watermark Acquires Seattle Marriott Bellevue
By Kristin Bentley
In its first venture into the Seattle market, a private REIT has acquired the Seattle Marriott Bellevue, a 17-story, state-of the art...
MetLife Uses Core Opened-Ended Fund to Buy Seattle Asset
By Jon Peterson
New York City-based MetLife used its MetLife Core Property Fund as its capital source for the $129.4 million acquisition of Alley 24...
Bixby Land Gets 5.6 Percent Cap rate on First Deal in Seattle
By Jon Peterson
Newport Beach, Calif.-based Bixby Land Company has produced a 5.6 percent cap rate on the company’s first ever industrial transaction in the...
MIG Buys First Apartment Building in the Seattle Market for $46MM
By Jon Peterson
Newport Beach, Calif.-based MIG Real Estate has made its $46.6 million purchase of the 274-unit Berkshire Apartments located at 1300 Eagle Drive...
Clise Properties to Deliver New $284MM Apartment Development in Seattle
By Jon Peterson
Seattle-based Clise Properties is developing the 450-unit 2202 8th Avenue apartment project in the South Lake Union sub-market of Seattle. The total...
First Hill Medical Office Building Sells for Record $199MM
In another record-breaking Seattle transaction of $199 million, or $884 per square foot, First Hill Medical Pavilion was purchased by Chicago-based Heitman, a multi-national...
Swift Pays $18.25MM for Office Building in Bellevue
By Jon Peterson
San Francisco-based Swift Real Estate Partners has purchased the 68,000 Gateway Two office building in Bellevue for $18.25 million or $267 per...
Sonnenblick-Eichner Arranges $65.2MM in Financing for Two Hotels in Seattle
By Jon Peterson
Beverly Hills, Calif.-based Sonnenblick-Eichner Company has attracted $65.2 million of debt financing for two extended stay hotels in the Seattle market. The...
Cabot Buys Industrial Property in Federal Way for $7.6MM
By Jon Peterson
Boston-based Cabot Properties has paid $7.6 million to acquire the 73,498 square foot Federal Way Corporate Center in Federal Way. The industrial...
Florida Pension Fund Buys Two Apartment Buildings in Seattle for $154MM
By Jon Peterson
Tallahassee, Fla.-based State Board of Administration of Florida has acquired two apartment complexes in Seattle for a total investment of $154 million,...
