Sonnenblick-Eichner Arranges $65.2MM in Financing for Two Hotels in Seattle

By Jon Peterson Beverly Hills, Calif.-based Sonnenblick-Eichner Company has attracted $65.2 million of debt financing for two extended stay hotels in the Seattle market. The...

Cabot Buys Industrial Property in Federal Way for $7.6MM

By Jon Peterson Boston-based Cabot Properties has paid $7.6 million to acquire the 73,498 square foot Federal Way Corporate Center in Federal Way. The industrial...

Florida Pension Fund Buys Two Apartment Buildings in Seattle for $154MM

By Jon Peterson Tallahassee, Fla.-based State Board of Administration of Florida has acquired two apartment complexes in Seattle for a total investment of $154 million,...

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...

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