Finance
Downtown Seattle Remains Strong But Regional Growth Calls for Smarter Design for Accommodation
By Brittan Jenkins Excitement around downtown Seattle’s growing market was only hyped more during this morning’s annual State of Downtown Economic Report at...
Paul Allen’s Vulcan Buys Another South Lake Union Parcel for $16.5MM
By Brittan Jenkins Paul Allen is adding yet another property to his collection in Seattle’s South Lake Union neighborhood. Vulcan Inc., Allen’s real...
Goodman Real Estate Sells 50% Share in San Jose, CA Asset for $183MM
By Jon Peterson San Mateo-based Essex Property Trust is now a 100 percent owner of the 1,098-unit Palm Valley apartment complex in San...
Pacific Sun Properties Buys 24-Unit Apartment Building in U-District for $8.1MM
By Brittan Jenkins Seattle-based Pacific Sun and SPTC Properties acquired the Walmor Apartments in Seattle’s University District for $8.1 million or $337,500 per...
Menlo Equities Sells Off Kirkland Office Building for $12.425MM
By Brittan Jenkins Palo Alto, Calif. -based Menlo Equities sold an office property known as the Arris Building located in the Kirkland Commons...
Security Properties Buys Beaumont Grand Apartment Homes in Lakewood for $35.2MM
Security Properties, the group in charge of building nearly 600 residential units in Bellevue’s newest neighborhood, the Spring District, just added another property...
Kidder Mathews Merges With Los Angeles-based Heger Industrial
In its efforts to position itself as the pre-eminent West Coast commercial brokerage firm, Kidder Mathews will be announcing today its merger with...
McNellis: There’s no Place like Home
By John McNellis [dropcap]I[/dropcap]f idle hands are the Devil’s work shop—they are—idle money is surely his pied-a-terre. When left with little to do,...
Vulcan Buys Art Marble 21 Site in South Lake Union for $12.85MM for Future Expansion of Allen Institute
Paul Allen is at it again with a recent purchase of the historical Art Marble 21 site in Seattle’s South Lake Union neighborhood....
Industrial Site in Algona Sells for $9MM
The building home to industrial meat processor Fletcher’s Fine Foods in Algona sold for $9,009,075 or $143 per square foot to New York-based...
Greystar Sells 282-Unit Radius in Seattle for $141MM
Charleston, So. Carolina -based Greystar has sold Radius, the urban apartment complex in Seattle’s South Lake Union to a joint venture between the...
SteelWave Sells Off Second Office Building to PCCP for $21.45MM
By Brittan Jenkins For a second time this week, the former Foster City, Calif. -based Legacy Partners Commercial, now SteelWave, sold off another...