17-Unit NOREG Apartments in Seattle’s Ballard Neighborhood Sells for $5.25MM
Seattle, WA –– For the first time since its construction in 1985 NOREG Apartments, a 17-unit apartment community the heart of Seattle’s Ballard neighborhood,...
Legacy Partners Secures $91.88MM in Construction Financing for 288-Unit Residential Project in Bellevue
BELLEVUE, Wash. – August 1, 2022 – Legacy Partners (“Legacy”), a privately held national real estate firm, and Cushman & Wakefield, exclusive advisor to...
Newport Beach MIG Real Estate Buys 104-Unit Cedar Rim Apartments in Newcastle for $53MM
By Vladimir Bosanac
The multifamily investment sales market across the greater Puget Sound region continues unabated. In a transaction that closed on July 28, 2022, Newport...
Sterling Realty Organization Sells 104,000 SQFT Retail Asset in Lynnwood for $44.1MM
By Catherine Sweeney
Over the past several months, Lynnwood has seen a significant number of commercial properties trading hands. In one recent transaction, Sterling Realty...
Duke’s Seafood Building in Tacoma Sells for $6.25MM
Long-time Ruston Way restaurant to remain as tenant
July 27, 2022 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered the acquisition...
Toll Brothers Buys 214-Acre Mixed-Use Development Site in Covington, Wash. for $43MM
In 2017, Oakpointe Communities announced that it had received approval for LakePointe Urban Village, a 214-acre mixed-use community in Covington, Wash. Now, several years...
112-Unit Old Mill Village in Bellingham Trades for $24.9MM
(EDITOR’S NOTE: According to public documents filed with Whatcom County, the property located at 2100 Electric Ave. in Bellingham traded for $24,860,000, or roughly $221,974...
Ethos Development Secures $19MM Construction Loan for 134-Unit Multifamily Project with a Ground Lease...
Los Angeles, July 26, 2022 – Parkview Financial announced today it has provided a $19 million leasehold construction loan to Ethos Development to build a seven-story, 134-unit...
Gladstone Land Buys 1,317 Acres Across Washington and Oregon for $37.3MM
MCLEAN, VA – Gladstone Land Corporation (LAND) ("Gladstone Land" or the "Company") announced that it has acquired 1,317 gross acres of farmland located in...
InCity Properties Acquires 98-Unit Apartment Building in Seattle’s Ravenna Neighborhood for $32.2MM
By Catherine Sweeney
Multifamily investors have been staying busy this month, with the Puget Sound region reporting a significant number of transactions. In one sale...
