TruAmerica, Somerset Apartment Homes, Kent, King County

TruAmerica Sells Off Kent Apartment Homes for $49.5MM

By Brittan Jenkins Los Angeles-based investment firm TruAmerica sold the Somerset Apartment Homes in Kent for $49,535,500 or $150,564 per unit in a deal that...
City of Seattle, Oak View Group, KeyArena, Seattle Center, 1st Avenue Parking Garage, Environmental Impact Study, North Downtown Mobility Action Plan

Oak View Group Wants to Spend $564MM for KeyArena Redevelopment

By Brittan Jenkins Long anticipated renovation plans for Seattle's KeyArena made their way to the city last week with two groups submitting plans for the...
Office Park, Campus Office Park, SRO, Bellevue

Sterling Realty Organization Co. Sells Campus Office Park in Bellevue for $18.4MM

The Campus Office Park, a mix of medical and executive suites, located at 1601-1611 116th Ave. NE in Bellevue sold for $18.4 million to...
McLendon, McLendon Hardware, CNRG

Central Network Retail Group Acquires Family-Owned McLendon Hardware

Renton-based McLendon Hardware, which has operated in the region since 1926, and has seven stores across the Puget Sound area, has been acquired by...

Tennessee Pension Fund Plans Sale of Commons 90 in Bellevue

By Jon Peterson The Tennessee Consolidated Retirement System out of Nashville, Tenn. has approved for disposition the 142,156 square foot Commons 90 office asset in...
Virginia Mason, Lynnwood,

Clise Properties Buys Site of Virginia Mason Medical Center for $13.65MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d1951.1565843192245!2d-122.27832487033014!3d47.825167973139486!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x5490056d91619faf%3A0x28dd7929532f1da3!2sVirginia+Mason+Medical+Center!5e0!3m2!1sen!2sus!4v1491940104380&w=640&h=450] By Brittan Jenkins Global brokerage group CBRE and its Seattle team of exclusive medical office real estate professionals has brokered a deal for the...
Sweeney, Bellevue, King County, Keeler Investments Group

Keeler Investments Group Sells Sweeney Conrad Building in Bellevue for $13.5MM

Several companies such as MJR Development and Steelwave have been selling off some office space in Bellevue, Mercer Island-based Keeler Investments Group, an investment...
Soundcare, Soudcare Inc., Tacoma, University place care center,

Soundcare Sells Senior Living Communities in Tacoma for $20MM

By Brittan Jenkins Residential transactions around the Puget Sound region have been in the news recently, and senior housing properties have become just as attractive...
AvalonBay, Bothell, King County

AvalonBay Communities Buys Property in Bothell for $13MM

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d2679.0865956643593!2d-122.20990128436212!3d47.818539379199166!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54900f5d724f2b75%3A0x9ee5a04c95e0a3!2s19720+Bothell+Everett+Hwy%2C+Bothell%2C+WA+98012!5e0!3m2!1sen!2sus!4v1491523719332&w=640&h=450] Arlington, VA-based equity REIT AvalonBay Communities just closed on the purchase of three parcels of land in Bothell for $13 million. AvalonBay acquired...
Belle-View Office Park, Belle-View, Bellevue, MJR Development

MJR Development Sells Belleview Office Park for $19MM

The two office buildings that make up the Belle-View Office Park in Bellevue sold to an entity associated with Hong Kong-based developer Create World...

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