Finance
Greystar’s Seattle Ambitions Grow
By Neil Gonzales Multifamily developer Greystar’s ambitions continue to grow with Seattle’s booming real estate market. In recent months, the South Carolina-based company...
In Memoriam: Doug Shorenstein
A native San Franciscan, Douglas (Doug) Shorenstein began his professional career as an attorney in New York City and returned to San Francisco...
Redmond Multifamily Properties Sell as City Prepares for More Growth
By Nancy Amdur Two downtown Redmond multifamily properties were sold last month as the city experiences strong demand for housing amid a growing...
Beacon Puts Small Office Building in Seattle into New Investment Fund
By Jon Peterson Boston-based Beacon Capital Partners has put its acquisition of the 140,000 square foot Maritime Building located at 911 Western Avenue...
Resmark Sells Redmond Apartment Complex at Low 4 Cap Rate
By Jon Peterson Los Angeles-based Resmark Apartment Living has sold the 208-unit The Luke apartment complex in Redmond at a low four percent...
Dexter Horton Building in Seattle Fetches $124.4MM
A subsidiary of Hong Kong’s Great Eagle Holdings Ltd. has been revealed as the buyer of the Seattle’s downtown landmark, the Dexter Horton...
CenterPoint to Triple Size of Industrial Portfolio in Seattle and San Francisco
By Jon Peterson Oak Brook, Ill,-based CenterPoint Properties has a goal of tripling the size of its industrial portfolio in both the greater...
Acacia Capital Buys First Apartment Complex in Kirkland for $40.9MM
By Jon Peterson San Mateo, Calif.-based Acacia Capital Corporation has acquired its first apartment property in Kirkland with the $40.9 million acquisition of...
Puget Sound Office Investment Hits Milestone
By Neil Gonzales Office investors know it is an opportune time to be a landlord in the Seattle-Bellevue market and are on a...
DCT Buys Industrial Property in Algona Through Sale/Leaseback Arrangement
By Jon Peterson Denver-based DCT Industrial Trust has paid $5 million or $100 per square foot to acquire the 50,212 square foot warehouse/distribution...
Canada Pension Fund Acquires Interest in Industrial Portfolio With Seattle and San Francisco Assets
By Jon Peterson Toronto-based Canada Pension Plan Investment Board has bought an interest in an industrial portfolio with assets that are in the...
AvalonBay Starts up $110MM Apartment Project in Newcastle, WA
By Jon Peterson Arlington, Va.,-based AvalonBay Communities has started construction on the 378-unit Avalon Newcastle apartment project in Newcastle. The total capital cost...
