Finance
UDR Invests $102MM in CityLine Apartments in Columbia City
By Brittan Jenkins In a $102 million joint venture, Denver-based UDR acquired luxury apartment homes CityLine in Seattle’s Columbia City neighborhood. In Q1...
Former Albertsons/Haggen Grocery Store in Tacoma Sells for $13.5MM
By Brittan Jenkins Pleasanton, Calif.-based ACRE Investment Company sold the former Albertsons/Haggen grocery store in Tacoma for $13.5 million in a deal that...
REI Sells Redmond Store to PMF Investments for $9.2MM
By Brittan Jenkins After nearly two decades in Redmond, outdoor recreation co-op REI sold its Redmond store for $9.2 million to Bellevue-based PMF...
CBRE: Sentiments Show Signs of Where Commercial Real Estate Market is Heading
The commercial real estate market is impacted by many factors. The performance of the national and local economies are just some of the...
Units at Mt. Baker Village Apartments in Seattle Sell for $14.75MM
By Brittan Jenkins Mt. Baker Housing Association, a Seattle-based affordable housing group, formed a limited partnership to purchase a number of low-income housing...
Aegis Senior Communities Buys Lynnwood Facility for $10.5MM
Aegis, a family-owned senior care group based in Bellevue, purchased the building it has been operating out of from two LLCs associated with...
TruAmerica Sells Off Kent Apartment Homes for $49.5MM
By Brittan Jenkins Los Angeles-based investment firm TruAmerica sold the Somerset Apartment Homes in Kent for $49,535,500 or $150,564 per unit in a...
Oak View Group Wants to Spend $564MM for KeyArena Redevelopment
By Brittan Jenkins Long anticipated renovation plans for Seattle’s KeyArena made their way to the city last week with two groups submitting plans...
Sterling Realty Organization Co. Sells Campus Office Park in Bellevue for $18.4MM
The Campus Office Park, a mix of medical and executive suites, located at 1601-1611 116th Ave. NE in Bellevue sold for $18.4 million...
Central Network Retail Group Acquires Family-Owned McLendon Hardware
Renton-based McLendon Hardware, which has operated in the region since 1926, and has seven stores across the Puget Sound area, has been acquired...
Tennessee Pension Fund Plans Sale of Commons 90 in Bellevue
By Jon Peterson The Tennessee Consolidated Retirement System out of Nashville, Tenn. has approved for disposition the 142,156 square foot Commons 90 office...
Clise Properties Buys Site of Virginia Mason Medical Center for $13.65MM
By Brittan Jenkins Global brokerage group CBRE and its Seattle team of exclusive medical office real estate professionals has brokered a deal for...
