Finance
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...
Prudential Sells Bellevue’s Hilton Hotel for $84.2MM
The Prudential Insurance Company of America, sold last week the 353-room Bellevue Hilton Hotel to Bellevue-based WIG Properties for $84.2 million, or just...
DCT Buys Tacoma Industrial Site for $28MM; Plans 1.2MM SQ FT Office/Warehouse Complex
Strong performance of the Puget Sound real estate market continues late into the year, this time with another industrial site in Tacoma selling...
Legacy Partners Sells Milehouse Apartment Community for $68.45MM
The 177-unit Redmond apartment community Milehouse changed hands this month as Foster City, CA-based Legacy Partners sold the complex to Highlands Ranch, CO-based...
Prologis Pays $136MM for Boeing Field Site in Tukwila
San Francisco-based Prologis has its eyes on the Puget Sound region again. The global industrial property owner and operator paid $136 million to...
Legacy Partners and Chinese Investor Acquire Redmond Site for $31MM and Plan Redevelopment
By Jon Peterson San Francisco-based Legacy Partners has teamed up with a Chinese investment firm based in Beijing for the first time on...
Westcore Gets New $337.5MM Equity Investment for Industrial Investments
By Jon Peterson San Diego-based Westcore Properties has received a new $337.5 million investment from New York City-based Almanac Realty Investors as growth...
Hines Sells Remaining Seattle and Redmond Assets for $297MM
The remaining Puget Sound assets located in Redmond and Seattle, which were part of Hines’ seven-building West Coast office sale to Blackstone, closed...
Trulia Center in Bellevue Sells for $81.5MM
Another Bellevue asset traded hands this week. This time it is the Trulia Center located at 110 110th Avenue NE in Bellevue, which...
Hines’ $193MM Sale of Bellevue’s Civica Closes
Bellevue’s Civica Office Commons towers, a two-building, 323,562 square foot Class A office complex in the heart of the Eastside city closed closed...