Finance
Pacific Urban Residential Gets New $387MM Commitment from CalPERS
By Jon Peterson Palo Alto-based Pacific Urban Residential has received a new $387 million equity allocation from the California Public Employees Retirement System...
Apartment Development Site Sold in Queen Anne for $3.7MM
By Jon Peterson Seattle-based Briarbox has paid $3.7 million to buy an apartment development site in the lower Queen Anne/Uptown submarket in Seattle...
Belltown’s Natasha Project Site Sells for $8MM
JDA West has been named as the buyer of 2134 Western Ave. half-acre site in Seattle’s Belltown area. The half-acre site will house...
Canadian Pension Plan Establishes New Relationship with Kemper Development
By Jon Peterson Toronto-based Canada Pension Plan Investment Board has made its first investment with Bellevue-based Kemper Development Company on providing a $526...
DCT Signs Up Lease for Almost Half of Spec Industrial Building in Sumner
By Jon Peterson Denver-based DCT Industrial Trust has signed a 300,000 square foot lease with LKQ at its White River Corporate Center industrial...
Seattle City Employees’ to Invest Capital in Value-add Real Estate
By Jon Peterson The Seattle City Employees’ Retirement System is planning to increase its exposure to real estate with a new commingled fund...
CalSTRS Allows New Capital to Consider Deals for San Francisco and Seattle
By Jon Peterson California State Teachers Retirement System has made new real estate commitments totaling $850 million and is planning to allocate at...
Strong Tourism Helping to Fuel Seattle Hotel Market
By Robert Carlsen With tourism in Seattle achieving record high visitation numbers and hotels in the central business district looking at 80 percent...
CalPERS New $1.5B Commitment to be Partially Invested in San Francisco and Seattle
By Jon Peterson California Public Employees Retirement System is planning to invest in office building transactions in the San Francisco and Seattle markets...
Retail Investor Buys Leasehold Interest Portion of a Shopping Center in Bothell
By Jon Peterson San Diego-based Retail Opportunity Investments Corporation (ROIC) has bought a leasehold interest of a portion of the Canyon Park Shopping...
Seattle Evaluating a 14-Story, Mixed-Use Building in Financial District
By Alice Yin Hotel Concepts is in the process of designing a 14-story mixed-use building in Seattle’s International District. The project aims to...
DCT Plans New Industrial Development in Tacoma/Fife Submarket to Start the Quarter
By Jon Peterson Denver-based DCT Industrial Trust is planning to start constriction this quarter on the 240,000 square foot DCT Fife Distribution Center...
