Finance
Mapletree Investments Spends $185MM to Purchase Five Industrial Properties in Kent From Prologis; Part of $1.1B International Logistics Portfolio Acquisition
By Jack Stubbs As the Puget Sound region’s industrial market continues to grow and expand, international investors and real estate developers continue...
RISE Properties & Tokyu Land Buy Renton Apartment Complex for $97.5MM
RISE Properties is at it again. After making three sizable apartment community acquisitions in the Puget Sound region this year, the company just...
Seattle’s Interbay Apartment Development Secures $20.96MM Financing
Seattle, Washington (October 4, 2018) – Norris, Beggs & Simpson Financial Services Principal, Mike Wood, and Associate Finance Officer, Colin Ceithaml, have secured...
Carmel Partners Acquires Parking Garage in Downtown Seattle for $18.1MM; Multifamily Apartment Project Planned
By Jack Stubbs On Thursday, September 27th, San Francisco-based multifamily investment firm Carmel Partners acquired a three-parcel property containing a parking garage...
Broderick and MiKen Buildings Sell for $35MM
Seattle, Wash. (October 2, 2018) – The Broderick Building and MiKen Building, two historic Seattle office buildings totaling 86,310 square feet, have sold...
Security Properties & Rockwood Capital Spend $85.5MM for Two Kirkland Apartment Assets
(EDITOR’S NOTE: Accoriding to public documents filed with King County, the sale comprised of two parcels, which include the 131-unit Avalon Kirkland and...
CWS Capital Partners Spends Combined $101.3MM For Several Residential/Commercial Properties at Point Ruston in Tacoma
By Jack Stubbs On Friday, September 28th, Newport Beach, California-based CWS Capital Partners, a fully integrated real estate investment management company that focuses...
NKF Capital Markets Completes $145MM Sale of 11.13 Acres of Land for Mixed-Use Development in Bellevue, WA
Los Angeles, CA (October 1, 2018) – NKF Capital Markets has announced the $145 million sale of the Bellevue Central Business District Gateway...
GE Healthcare Building in Issaquah Sells for $15.7MM
Seattle, Wash. (October 1, 2018) – GE Healthcare Building, a 53,555 square-foot, two-story office and technology production facility, located at 1040 12th Avenue...
Pinnacle International Group Spends $145MM on Three-Parcel Property in Bellevue
By Jack Stubbs On Friday, September 28th, a three-parcel property—which contains a single-family residence, an apartment building and a vacant multifamily dwelling—located...
Griffis Residential Spends $139.5MM to Acquire the 440-unit Sanctuary Apartments in Renton
By Jack Stubbs Following up on its recent $143 million purchase of the 440-unit Reserve Apartments in Renton, Colorado-based Griffis Residential on...
Brickman Acquires Two Office Properties in Downtown Seattle for a Combined $35.05MM
By Jack Stubbs On Wednesday, September 27th, Brickman, a New York-based real estate investor and operator of commercial office properties, acquired two...