Acacia Capital Buys First Apartment Complex in Kirkland for $40.9MM

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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...
California State Teachers Retirement System, Los Angeles, Resmark, ResCal Investments, San Francisco Bay Area, Seattle, CalSTRS

Puget Sound Office Investment Hits Milestone

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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

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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

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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

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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

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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

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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...
Marcus & Millichap, Seattle, Tacoma, Amazon, Bellevue, Central Business District. Facebook, Menlo Park, Arbor Blocks Building, South Lake Union, Puget Sound

Coretrust Scouting Deals in San Francisco and Seattle with New Fund

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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

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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

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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...

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BioMed Realty Mike Ruhl Seattle Dexter Yard Turner Construction SkB Architects OAC Services MacDonald-Miller Cochran Fitwell Certification LEED

BioMed’s Dexter Yard Highlights Industry Leading Sustainability and Wellness Features

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By Mike Ruhl, Vice President at BioMed Realty In March 2020, remote work took center stage due to the pandemic, and hundreds of thousands of...

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