Acacia Capital Buys First Apartment Complex in Kirkland for $40.9MM
By Jon Peterson
San Mateo, Calif.-based Acacia Capital Corporation has acquired its first apartment property in Kirkland with the $40.9 million acquisition of the 200-unit...
Puget Sound Office Investment Hits Milestone
By Neil Gonzales
Office investors know it is an opportune time to be a landlord in the Seattle-Bellevue market and are on a tear.
The region...
DCT Buys Industrial Property in Algona Through Sale/Leaseback Arrangement
By Jon Peterson
Denver-based DCT Industrial Trust has paid $5 million or $100 per square foot to acquire the 50,212 square foot warehouse/distribution property located...
Canada Pension Fund Acquires Interest in Industrial Portfolio With Seattle and San Francisco Assets
By Jon Peterson
Toronto-based Canada Pension Plan Investment Board has bought an interest in an industrial portfolio with assets that are in the San Francisco...
AvalonBay Starts up $110MM Apartment Project in Newcastle, WA
By Jon Peterson
Arlington, Va.,-based AvalonBay Communities has started construction on the 378-unit Avalon Newcastle apartment project in Newcastle. The total capital cost is $110.1...
Bothell’s Six Oaks Fetches $63MM
The Six Oaks mixed-use development in downtown Bothell now has a new owner. Vancouver, BC-based Belkorp Holdings is the reported buyer of the development...
Lowe Enterprises Pays $32MM for Apartment Complex in Puyallup
By Jon Peterson
Los Angeles-based Lowe Enterprises Investors has bought the 256-unit Deer Creek Apartments in Puyallup for $32.5 million or $126,000 per unit, according...
Coretrust Scouting Deals in San Francisco and Seattle with New Fund
By Jon Peterson
Los Angeles-based Coretrust Capital will be considering investing capital in office buildings located in the San Francisco Bay Area and Seattle as...
Walton Street Places Symetra Financial Center in Bellevue on the Market for Sale
By Jon Peterson
Chicago-based Walton Street Capital has decided to put for sale the 450,089 square foot Symetra Financial Center located at 777 108th Avenue...
McNellis: The Bears of Crowdfunding
By John McNellis
You don’t remember the name Timothy Treadwell, but you remember him. He was the free spirit who went to live among the grizzly...
