Finance
94-Unit Richland, WA Apartment Community Sells for $17.75MM
RICHLAND, WA, November 30, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...
Arbutus Properties Spends Combined $20MM on Three Parcels in Seattle at Site of Planned 44-Story Tower
By Jack Stubbs Seattle’s South Lake Union neighborhood has experienced no shortage of development activity in recent months, and a transaction recorded last...
Kemper Development Company Spends $17.5MM for One-Acre Block in Bellevue on Site of Bellevue Square Expansion
By Jack Stubbs On Thursday, November 29th, a one-acre property on the northeast corner of Bellevue Square—at the site of Kemper Development Company’s...
Sterling Organization Acquires 50,678 SQFT ‘Elliot Plaza’ in Seattle for $11.65MM in an Off-market Transaction
Palm Beach, FL, December 05, 2018 – SEATTLE, WA – Sterling Organization, a vertically integrated private equity real estate investment firm, has announced...
CRISTA Ministries Purchases Amazing Grace Lutheran Church in Seattle for $3.6MM
Seattle Urban Academy to Relocate to Former Church Property Seattle, December 3, 2018 – In a transaction arranged by Colliers International, CRISTA Ministries...
CBRE Arranges $43.8MM Financing for New Cerasa Apartments in Bellevue, WA
BELLEVUE, WA, December 3, 2018 – CBRE Capital Markets’ Debt & Structured Finance team has secured refinancing for the new Cerasa Apartments, an...
Two of Kaiser Permanente’s Renton Campus Buildings Totaling 261,000 SQFT Sell for $19.5MM
By Jack Stubbs On Friday, November 30th, two office buildings—which are part of Kaiser Permanente’s campus in Renton—sold for a combined $19.5...
Holland Residential Spends $44.875 to Acquire 147-Unit Saskia at Beardslee Crossing Apartments in Bothell, WA
By Jack Stubbs Vancouver, Washington-based Holland Residential has had a number of residential developments reviewed by the city of Seattle over the...
Seattle Housing Authority Acquires the 69-Unit Spring Lake Apartments in North Seattle for $15MM
By Jack Stubbs As part of its mission to increase the inventory of affordable housing in Seattle, the Seattle Housing Authority (SHA)...
Lift Partners Acquires Warehouse Building in South Seattle’s Industrial District For $18.3MM
By Jack Stubbs The Georgetown and Industrial District neighborhoods in South Seattle have seen a fair amount of activity in recent weeks,...
Blackstone Selected as Buyer of 800 Fifth Avenue in Seattle for $540MM
By Jon Peterson New York City-based Blackstone Real Estate Partners will be the future owner of the 934,000 square foot 800 Fifth Avenue...
Port of Seattle 2019 Budget and Five-Year Plan Makes Major Investments in Seattle’s Working Waterfront, Seattle-Tacoma International Airport, and Near-Port Communities
New infrastructure, economic development, environmental, and community health top priorities list SEATTLE – The Port of Seattle Commission today approved its 2019 budget...