Finance
Pembroke Spends $338.425MM to Acquire 400 Fairview in Seattle’s South Lake Union
By Jack Stubbs In one of the largest office property sales of the year, on July 10th, Boston-based real estate investor Pembroke Real...
1.93-Acre Redevelopment Opportunity in Seattle’s Ballard Neighborhood Officially Brought to Market
By Jack Stubbs Redevelopment opportunities throughout the city of Seattle are at a premium, and a new transit-oriented development opportunity in Ballard—available for...
Newmark Arranges $33MM in Permanent Financing For Tower Building in Seattle
(EDITOR’S NOTE: According to public documents, the owner of the property is Tower Building LLC, an entity affiliated with Mikki Ellingsen who is the...
MBK Senior Living Acquires 9 Communities for $382MM, One Property in Bellevue for $96.6MM
(EDITOR’S NOTE: The 278,706 square foot Bellettini Retirement Facility in Bellevue sold for $96.6 million, or approximately $346 per square foot, according to public...
Several Vacant Land Sites in King and Snohomish Counties Sell for Combined $49.6MM
By Jack Stubbs Land throughout the Puget Sound region is at a premium right now, and a handful of different development sites...
Newmark Arranges $62MM in Fixed-Rate Financing for 624 Yale Apartments in Seattle
(EDITOR’S NOTE: In May 2016, the developer, The Blume Company, and Newmark Realty Capital Inc., arranged a $44.276 million in construction financing for the...
Cardinal Capital Partners Sells Safeway in Snohomish County for $13.1MM
By Jack Stubbs On Thursday, June 21st, a Safeway in Monroe, Washington, sold for approximately $13.14 million, according to public records filed...
OpenRoad Auto Group Limited Spends $25MM to Acquire BMW Dealership in Bellevue
By Jack Stubbs OpenRoad Auto Group Limited, one of the largest car dealership companies in British Columbia, last week on June 27th...
Heritage Bank Acquires Medical Office Building in Tacoma for $11.625MM
By Jack Stubbs On Wednesday, June 20th, a medical office building in Tacoma sold for $11.625 million, or approximately $151 per square...
Henbart LLC Sells the Medical Center of Issaquah Building for $14.3MM
By Jack Stubbs On Thursday, June 28th, the Medical Center of Issaquah Building sold for $14.3 million, or approximately $362 per square foot,...
Transpacific Investments Sells Tacoma Mall Office Building for $16.55MM
By Jack Stubbs On Wednesday, June 20th, an office building adjacent to the Tacoma Mall sold for $16.55 million, or approximately $143 per...
Security Properties Buys Lacey Apartment Complex for $54.5MM
SEATTLE, June 27, 2018 – On June 15, 2018, Security Properties and a university endowment purchased Marq on Martin, a Class A multifamily...