Finance
GLL Buyer of Safeco Plaza at $387MM at a 5 Cap Rate
By Jon Peterson GLL Real Estate Partners is the buyer of the 754,000 square foot Safeco Plaza at $387 million, according to sources...
Swift to Pay $17.4MM for Bellevue Office Asset
By Jon Peterson San Francisco-based Swift Real Estate Partners is schedule to close the purchase of the Delphi Building in Bellevue later this...
Tennessee Pension Fund to Buy Industrial Assets in San Francisco and Seattle
By Jon Peterson Nashville-based Tennessee Consolidated Retirement System has in the works a $221.3 million equity investment into a nationwide industrial portfolio, as...
New York-Based AWH Partners Acquires Seattle Airport Marriott for $91.1MM
By Kristin Bentley A New York-based privately owned real estate investment, development and management firm, AWH Partners, acquired its third hotel in the...
Swift Raises $410MM for Second Commingled Fund
By Jon Peterson San Francisco-based Swift Real Estate Partners has concluded its capital raise for its Swift Real Estate Partners Fund II at...
CityView’s New Fund to Target Seattle
By Jon Peterson CityView Real Estate Partners, with offices in San Francisco and Los Angeles, is planning to allocate as much as 70...
SARES-REGIS Attracts $40MM Commitment for New Apartment Fund
By Jon Peterson Irvine and San Mateo-based SARES-REGIS Group has won a new $40 million commitment into its SARES-REGIS Multifamily Value-Add Fund II...
Vulcan Expands Out of Puget Sound for Hotel Investment
By Jon Peterson Seattle-based Vulcan Real Estate has expanded its real estate operations out of the Puget Sound region for the second time...
Unico Properties to Capitalize on Action Surrounding Smith Tower
By Kristin Bentley Unico Properties announced on Wednesday that it will be renovating the 35th floor of the iconic Smith Tower, Seattle’s oldest...
Tacoma Shopping Plaza Sells for $26.7MM To Local Investor
By Kristin Bentley An entity related to Irvine-based real estate investment company, Passco Companies, sold a Pierce County shopping plaza late last month...
China Vanke Joins Laconia on $200MM Apartment Project in Seattle
By Jon Peterson China-based China Vanke Co. and Walnut Creek, Calif.-based Laconia have joined forces on a $200 million apartment development project in...
Experts Say Apartment Building Owners to Feel Biggest Burden From New Seattle Housing Levy if Passed
By Kristin Bentley After it passed the Seattle’s city council vote last Monday, a new housing levy increase is set for general election...