Legacy Partners, Redmond, Milehouse, UDR, Institutional Property Advisors

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 UDR....
LBA Realty, SeaTac, King County, Irvine, San Francisco, Prologis, Seattle–Tacoma International Airport, Renton, True Partners, Kent, Puget Sound, PepsiCo, Mapletree Investments

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 acquire...
Legacy Partners, Redmond, Seattle, Puget Sound, CBRE

Legacy Partners and Chinese Investor Acquire Redmond Site for $31MM and Plan Redevelopment

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d10746.404255119347!2d-122.1293447319475!3d47.6727458791891!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549072b1d065f9f7%3A0xe3a1173d27d7398b!2s16425+Cleveland+St%2C+Redmond%2C+WA+98052%2C+USA!5e0!3m2!1sen!2suk!4v1479724851356&w=640&h=450] By Jon Peterson San Francisco-based Legacy Partners has teamed up with a Chinese investment firm based in Beijing for the first time on a...
LBA Realty, SeaTac, King County, Irvine, San Francisco, Prologis, Seattle–Tacoma International Airport, Renton, True Partners, Kent, Puget Sound, PepsiCo, Mapletree Investments

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 capital for...
Hines, Redmond, Seattle, Puget Sound, Blackstone, Hines US Core Office Fund LP, Blackstone Real Estate Partners VIII, Honeywell, Amazon, Microsoft, Bellevue

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 this...
Bellevue, Lionstone, Seattle, Trulia Center, Talon Private Capital, Walton Street Capital, CBRE, Puget Sound

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 sold...
Bellevue Civica Office Commons Hines REIT AEW Capital Management LMN Architects Wells Fargo MetLife Microsoft Blackstone Seattle Redmond

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 yesterday...
Puget Sound, Seattle, JLL, Eastside, Kidder Mathews, Amazon, Microsoft, Expedia, South Lake Union, Pioneer Square, Avalara

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 just released...
CenterPoint, Kent, CenterPoint Properties, Bellevue, NAI Puget Sound Properties, Puget Sound, Kent Valley, Tacoma, CalEast Global Logistics

CenterPoint Plans New 223,800 SQ FT Development in Kent

[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43245.80328863425!2d-122.2785810222791!3d47.3560783791688!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x5490591316aa99a5%3A0x1b194d186542944c!2s26600+72nd+Ave+S%2C+Kent%2C+WA+98032%2C+USA!5e0!3m2!1sen!2suk!4v1479109196730&w=640&h=450] 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 72nd...
CBRE, Data Center Leasing, Virginia, Phoenix, Dallas, Texas, Silicon Valley, Chicago, Atlanta, New York, Boston, Denver, Austin, Minneapolis, Houston, Seattle, Charlotte

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 plateau in...

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