Finance
Chevrolet of Bellevue Property Sells for $24MM
The Smith Automotive Group sold last week the property where its Chevrolet of Bellevue is housed for $24 million. The buyer was a...
Rise Properties Buys Everett Apartment Complex for $40.4MM
Everett is now in sights for apartment investors in the greater Puget Sound region. Last week, Rise Properties Trust scooped up the 192-unit...
Alaska Pension Fund Buys Lynwood Office Property for $42.1MM
Belmont, Calif. -based Embarcadero Capital Partners sold last week one of its Puget Sound assets, this one located 3400 & 3500 188th Street...
LBA Realty Sells Renton Office Park for $54.5MM
Irvine, Calif. -based LBA Realty sold last week its Time Square property in Renton for $54.4 million, or $168 per square foot, to...
SARES REGIS Buys Seattle’s Solara Apartments for $65.2MM
In another seemingly endless demand for Seattle-region apartments, Irvine, Calif. -based SARES REGIS just acquired the 238-unit Solara Apartment community in north Seattle...
Lionstone Sells Three Redmond Lots in Esterra Park for $49.5MM With Repurchase Options
Houston, Tex. -based Lionstone Investments sold three lots in the Esterra Park development community in Redmond’s Overlake district to Lincoln Property Company and...
American Capital Group Sells Two Puyallup Apartment Complexes for $67.9MM
Bellevue-based American Capital Group, the developer and owner of nearly 12,000 apartment units across the Western United States sold this week two apartment...
LaSalle Pays $68MM For Phase I of Industrial Property in Des Moines, WA
By Jon Peterson Chicago-based LaSalle Investment Management has paid $68 million to acquire the 545,859 square foot Des Moines Creek Business Park Phase...
McNellis: Is Retail’s Middle Earth Flat?
By John McNellis [dropcap]W[/dropcap]e own and develop suburban neighborhood shopping centers within about a two-hour drive of San Francisco. We both build new...
Everett Apartment Complex Sells for $14.1MM
Glen North Creek, formerly known as Meridian Glen, a 87-unit apartment community located at 12115 Meridian Ave S in Everett, sold last week...
Security Properties Buys Redmond Asset for $78.7MM
Seattle-based Security Properties just spend $78.7 million to acquire The Heights at Bear Creek, a 226-unit apartment complex located at 17771 NE 90th...
117-Unit Renton Apartment Community Sells for $30.2MM
The newly-constructed Altitude Renton apartment community located at 1600 S. Benson Rd. in Renton sold last week for $30,185,000, or approximately $258,000 per...