Finance
Bentall Kennedy and GreenOak Real Estate Announce Merger to Form Bentall GreenOak, Global Real Estate Investment Platform
TORONTO & NEW YORK & LONDON – Bentall Kennedy and GreenOak Real Estate (“GreenOak”) announced today the signing of an agreement to merge...
CBRE Arranges $17.75MM Sale of 575 Columbia, 94-unit Multifamily Property in Richland, WA
(EDITOR’S NOTE: The property sold for $17,750,000 and it sold to a single private investor – an individual, according to sources familiar with...
Oregon Pension Fund Creates $250MM Separate Account with DivcoWest to Focus Markets that Include Bay Area and Seattle
By Jon Peterson Oregon Public Employees Retirement Fund has established a new separate account relationship with San Francisco-based DivcoWest Properties to invest in...
Canadian Investment Firm Enters U.S. Market with Purchase of Everett Mall Way Plaza
Two-building Retail Complex is First U.S. Acquisition by Canadian Investor Everett, WA, December 17, 2018 – In a transaction that marks the entry...
64-Unit Highlander Apartments in Lynnwood, WA, Sells for $10.6MM
By Jack Stubbs On Tuesday, December 11th, an apartment complex in Lynnwood, Washington sold for $10.6 million, or approximately $165,625 per unit,...
73-Unit Madrona Park Senior Living Retirement Facility in Federal Way, WA, Sells for $16.62MM
By Jack Stubbs On Wednesday, December 5th, the Madrona Park Senior Living Retirement Facility in Federal Way, Washington sold for $16.62 million,...
Blue Moon Capital Partners Spends Combined $27.4MM on Two Assisted Living Facilities in Bellevue and Kirkland, WA
By Jack Stubbs On Wednesday, December 12th, Blue Moon Capital Partners, private real estate investment firm based in Boston that partners with senior...
Highlands Campus Tech Centre in Bothell Sells for $33.55MM
(EDITOR’S NOTE: According to public documents filed with Snohomish County, the transaction closed on December 13, 2018 for $33,550,000, or roughly $166 per...
Mill Creek Residential Trust Spends $27.1MM to Acquire Bonney-Watson Funeral Home in Seattle’s Capitol Hill Neighborhood
By Jack Stubbs On Tuesday, December 11th, Dallas-based developed Mill Creek Residential Trust spent $27.1 million to acquire a three-parcel property—which includes...
Timberland Investment Group Spends $45MM to Acquire 45 Parcels of Vacant Forest Land in King County, WA
By Jack Stubbs As the Puget Sound region continues to grow and expand, it appears that developed and vacant land, alike, remain...
Fully Entitled, Capitol Hill, Multifamily Development Sold to Vekst Development, LLC for $3.725MM
Colliers International’s McKay/Chhan/Wayne Team Facilitates Transaction Seattle, December 11, 2018 – Sunrise D C, LLC recently sold 323 Bellevue, a fully entitled, 43-unit,...
Duke Realty Spends $111MM on Two Industrial Properties Totaling 546,000SQFT in the Des Moines Business Park
By Jack Stubbs On Friday, December 7th, Indianapolis-based Duke Realty, a leading U.S. Industrial REIT, acquired two properties in the Des Moines Business...
