Finance
Third Quarter Stats Show Continued Strength of Puget Sound Real Estate Market
By Peter Johnson The Seattle office rental market’s high pricing and low vacancy rates continued in Quarter 3, according to a market study...
CenterPoint Plans New 223,800 SQ FT Development in Kent
By Jon Peterson Chicago-based CenterPoint Properties is planning a new 223,800 square industrial development in Kent. This new development is located at 26600...
Puget Sound Office Space Market Continues to Grow Despite National Plateau
By Megan Herndon Tenants are filling up office spaces as fast as they’re being built in Seattle and across the country. Nationally, a...
LaSalle and Panattoni Plan $30MM Industrial development in Woodinville
By Jon Peterson Chicago-based LaSalle Investment Management and the Renton office of Panattoni Development have formed a joint venture to develop the 206,000...
Blackstone Expands Apartment Exposure with Seven Assets in Washington State
By Jon Peterson New York City-based Blackstone Real Estate Partners has added to its apartment exposure in the state of Washington with the...
Greystar Buys Apartment Complex in Lynnwood for $132MM at 5.3 Cap
By Jon Peterson Greystar Real Estate Partners, with a corporate office in Charleston, S.C. and a regional office in Seattle, has acquired the...
Kilroy Plans to Start the $385MM 333 Dexter Development in Seattle in Q1 2017
By Jon Peterson Los Angeles-based Kilroy Realty Corporation is planning to start construction on the 660,000 square foot 333 Dexter office building in...
Fairfield Residential Invests in Another Suburban Seattle Multifamily Asset for $41.9MM in Federal Way
By Kristin Bentley San Diego-based Fairfield Residential, a name that has become familiar with its recent activity, continues to expand its presence in...
Fairfield Residential Sets New Record for Largest Multifamily Sale in Federal Way at $85MM
By Kristin Bentley An apartment complex in Federal Way, a suburb south of Seattle, sold for $85 million, or $183,190 per unit, according...
JRK Property Acquires Its Second Asset in the Puget Sound for $37MM
By Kristin Bentley Los Angeles-based JRK Property Holdings has acquired its second asset in the Puget Sound region, a 225-unit apartment complex north of Seattle...
Vulcan Acquires South Lake Union Property for $28.5MM
By Kristin Bentley Seattle-based developer Vulcan Inc. has purchased another South Lake Union property, this time one that has received an entitlement to...
Chris Hansen Purchases Two More Parcels In Seattle’s SoDo Neighborhood for $25MM
By Kristin Bentley Entrepreneur Chris Hansen and his firm, San Francisco-based WSA Properties LLC, purchased more land in Seattle’s SoDo neighborhood, public records...