ROIC Buys Shopping Center in Bellevue for $49MM

By Jon Peterson San Diego-based Retail Opportunity Investments Corporation (ROIC) has paid $49 million to buy the 113,223 square foot Sternco Shopping Center in Bellevue. The...
Sportsman's Warehouse, Everett, Puget Sound

Strata Buys Five-Property Apartment Portfolio for $153.5MM

By Jon Peterson San Diego-based Strata Equity Group has acquired a five-property apartment portfolio totaling 1,041 units in Everett and Lynwood for $153.5 million, according...

Grosvenor to Achieve a 5 Cap Rate on Bellevue Apartment Acquisition

By Jon Peterson Grosvenor Americas is looking to earn just over a 5 percent cap rate on its $40.2 million acquisition of the Somerset Green...

Clarion Buys Major Business Park in Tukwila for $203MM

By Jon Peterson New York City-based Clarion Partners has paid $203 million to acquire the 1.3 million square foot Segale Business Park in Tukwila, according...
Savills, Seattle, Puget Sound, technology

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 has moved on...

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 in...

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 employment base...

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 in Seattle...

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 cap rate....

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 Building,...

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