Finance
Seattle Children’s Purchased Center for Spiritual Living for $17MM
A nearly 100-year-old church, located at 5801 Sand Point Way NE, sold to Seattle Children’s Hospital for $17 million. The hospital purchased the...
Retail Portion of The Whittaker in West Seattle Sells for $24MM
Houston-based Weingarten Realty, which partnered with Miami-based developer Lennar Multifamily Communities, just purchased the retail portion of the project they were developing together,...
Merlone Geier Buys The Commons at Federal Way Mall for $46.5MM
San Francisco-based Merlone Geier Partners has been an active buyer and seller of retail properties in the Puget Sound region, and its latest...
Vulcan Buys More Property in South Lake Union for $16MM
Continuing its recent string of purchases in Seattle’s South Lake Union neighborhood, Vulcan purchased yet another building in SLU for $16 million or...
Swire Coca-Cola, USA Buys Production Plant in Bellevue for $31MM
Utah-based bottler and distributor of Coca-Cola products, Swire Coca-Cola, USA purchased a production plant in Bellevue for $31,435,695.71 or $156.30 per square foot...
JCPenney Announces 138 Stores Closing, Pilchuck Landing Store in Snohomish On the List
In February of 2017, the national retailers JCPenney had announced that it would refocus its operations toward profitability and as a result close...
Parker Smith & Feek Sell Bellevue Office Buildings for $16MM
Insurance brokerage group Parker Smith & Feek Inc. sold two Bellevue office buildings to JB Bellewood LLC associated with June Yoo for $16...
MainVue Homes Buys 71 Parcels of Land near Auburn for $10.2MM
Two LLCs associated with Theodore McCaugherty of Seattle sold 71 parcels of land in unincorporated King County near Auburn to Bellevue-based MainVue Homes...
Foreign Investors Pile into US Commercial Real-Estate Bubble
By Wolf Richter With impeccable timing, after a blistering 7-year price boom. 2016 might later be called the peak year in terms of...
Two More Brookdale Senior Living Facilities Sell for $70.56MM
A joint venture of real estate investors joined forces in November 2016 to purchase a Welltower portfolio of Brookdale Senior Living housing across...
Pavilion Apartments in Federal Way Fetch $93MM
In a new record-setting multifamily sale for Federal Way, San Francisco-based FPA Multifamily LLC sold off the Pavilion Apartments in Federal Way to...
McNellis: Marching Into Madness?
By John McNellis “Cocaine’s for horses, it ain’t for men They say it’ll kill you, but they won’t say when” Cocaine Blues [dropcap]W[/dropcap]hen...