Finance
512-Unit Taluswood Apartments in Mountlake Terrace on the Market; Bids Expected Around $100MM
By Jack Stubbs Activity in the multifamily market in the Puget Sound region shows little signs of abating, and an apartment community in...
Trupanion Planning to Buy its Georgetown Headquarters in Seattle for $65MM from Benaroya Company
By Jack Stubbs Seattle’s Georgetown neighborhood, an area just west of Beacon Hill and south of the Industrial District, is a neighborhood in...
Granite Peak Partners Acquires the 54-Unit Sierra on Greenwood Apartments in Seattle for $16.2MM
By Jack Stubbs An apartment property in north Seattle changed hands last week. On Tuesday, June 19th, the Sierra on Greenwood Apartments sold...
Bertch Capital Partners Spends $5.8MM To Acquire 17 Acres in Sumner, Slated for Industrial Development
(EDITOR’S NOTE: the sales price for the 17 acres was approximately $5.8 million, or roughly $341,176 per acre, according to a representative from Colliers’ Seattle,...
Two Apartment Properties in Seattle’s Magnolia Neighborhood Sell for $15.75MM
By Jack Stubbs Two adjacent apartment properties in Seattle changed hands earlier this week. On Monday, June 18th, two adjacent assets in...
Invesco Pays $268.4MM to Acquire the 592,000 SQFT, Six-Building Office Campus in Redmond Town Center
By Jack Stubbs The office market on the Eastside has been active over the last several weeks, and Atlanta-based Invesco recently acquired...
Microsoft Acquires 724,950 SQFT Daytona Laguna Office Campus Near Redmond HQ for $250MM
By Jack Stubbs In this year’s largest property sale in the Puget Sound region, Microsoft recently made moves to expand its already significant...
Tourmaline Capital Sells Woodinville Towne Center for $37.77MM
By Jack Stubbs A shopping center in King County recently changed hands between two California-based companies. On Tuesday, June 19th, The Woodinville Towne...
J.P. Morgan Pays $60.25MM to Acquire the 132-Unit Modera Ballard Apartments in Seattle
By Jack Stubbs Seattle’s booming multifamily market shows little signs of slowing, and another apartment complex recently sold for a significant sum. An...
NorthMarq Seattle Arranges $38MM Permanent Financing for Pacific, WA Apartments
SEATTLE (June 19, 2018) – Bob Spiro, senior vice president of NorthMarq Capital’s Seattle regional office, arranged $38 million in permanent financing for...
SeaLevel Properties Spends $7MM on 5.44-Acre Site in Port of Everett’s Waterfront Place Development Project
(EDITOR’S NOTE: According to sources with direct knowledge of the transaction detail, the price for the site was $7 million. $3 million was...
NorthMarq Capital Arranges $28.7MM in Acquisition Financing for Luxury Apartments in Seattle, Washington
SAN FRANCISCO – A team led by Managing Director Dennis Williams and Vice President Tom Wight of NorthMarq Capital’s San Francisco regional office...