Strata Buys Five-Property Apartment Portfolio for $153.5MM
By Jon Peterson
San Diego-based Strata Equity Group has acquired a five-property apartment portfolio totaling 1,041 units in Everett and Lynwood for $153.5 million, according...
Grosvenor to Achieve a 5 Cap Rate on Bellevue Apartment Acquisition
By Jon Peterson
Grosvenor Americas is looking to earn just over a 5 percent cap rate on its $40.2 million acquisition of the Somerset Green...
Clarion Buys Major Business Park in Tukwila for $203MM
By Jon Peterson
New York City-based Clarion Partners has paid $203 million to acquire the 1.3 million square foot Segale Business Park in Tukwila, according...
Greystar’s Seattle Ambitions Grow
By Neil Gonzales
Multifamily developer Greystar’s ambitions continue to grow with Seattle’s booming real estate market.
In recent months, the South Carolina-based company has moved on...
In Memoriam: Doug Shorenstein
A native San Franciscan, Douglas (Doug) Shorenstein began his professional career as an attorney in New York City and returned to San Francisco in...
Redmond Multifamily Properties Sell as City Prepares for More Growth
By Nancy Amdur
Two downtown Redmond multifamily properties were sold last month as the city experiences strong demand for housing amid a growing employment base...
Beacon Puts Small Office Building in Seattle into New Investment Fund
By Jon Peterson
Boston-based Beacon Capital Partners has put its acquisition of the 140,000 square foot Maritime Building located at 911 Western Avenue in Seattle...
Resmark Sells Redmond Apartment Complex at Low 4 Cap Rate
By Jon Peterson
Los Angeles-based Resmark Apartment Living has sold the 208-unit The Luke apartment complex in Redmond at a low four percent cap rate....
Dexter Horton Building in Seattle Fetches $124.4MM
A subsidiary of Hong Kong’s Great Eagle Holdings Ltd. has been revealed as the buyer of the Seattle’s downtown landmark, the Dexter Horton Building,...
CenterPoint to Triple Size of Industrial Portfolio in Seattle and San Francisco
By Jon Peterson
Oak Brook, Ill,-based CenterPoint Properties has a goal of tripling the size of its industrial portfolio in both the greater San Francisco...
