Joe Biden, RapidRide, Seattle, Federal Transit Administration, Small Starts Program, King County Metro

Biden Administration Recommends Allocating $60MM to Seattle’s RapidRide J Line

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If awarded, the City of Seattle will have secured all necessary funding to complete the RapidRide J Line project by 2026 Seattle - Today, the U.S....
Toll Brothers, Kirkland, ALCO Investment Company, Systima Technologies

Toll Brothers Spends $40MM to Buy Kirkland Commercial Property

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d42965.71452154679!2d-122.21182921534998!3d47.696903083733446!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54901284633a3fe9%3A0x96819ba71bb70bab!2s10809%20120th%20Ave%20NE%2C%20Kirkland%2C%20WA%2098033!5e0!3m2!1sen!2sus!4v1648502478474!5m2!1sen!2sus&w=800&h=450] By Meghan Hall Two aging commercial properties in the suburb of Kirkland, Wash., could be repositioned into for-sale housing after being scooped up by...
JADE Residences, Kirkland, Terrene, Sechrist Design, Sotheby’s International Realty,

Jade Residences In Kirkland Closes 100th Home, Welcoming Homeowners As Residents In The Newly...

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Record-Setting Sales Noted in First-of-its-Kind Condominium in Fifteen Years for Kirkland Submarket SEATTLE, March 28, 2022 -- Terrene, the local development team responsible for JADE Residences,...
Brookfield, Bellis Fair Mall, CMBS, DBRS Morningstar, Bellingham

Brookfield Defaults on $77MM Loan for Bellis Fair Mall

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By Meghan Hall Major developer and investor Brookfield Properties Trust has defaulted on its loan for one of its assets in Bellingham, Wash. According to...
JLL, Portland, Slabtown Square, Guardian Real Estate Services

$95.2MM Capitalization Secured for Multi-Family Project in Portland

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JLL Capital Markets arranged both the construction loan and joint venture equity for Slabtown Square in Portland, Oregon PORTLAND, March 25, 2022 – JLL Capital Markets...
Lacey, Marcus & Millichap, Seattle

Retail Asset In Lacey Trades for $7.4MM

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LACEY, WA, March 25, 2022– Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services,...
David Yuchasz, Brian Winn, Innovare Investments, Seattle, Kidder Mathews

Seattle Manufacturing Site Sold for $16.5MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d43069.26094902876!2d-122.37488760619118!3d47.57111913122097!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x549041ca9717c6ed%3A0x3c4866ae7c4ca063!2s4%20S%20Idaho%20St%2C%20Seattle%2C%20WA%2098134!5e0!3m2!1sen!2sus!4v1648134505980!5m2!1sen!2sus&w=800&h=450] By Meghan Hall A Seattle manufacturing property has traded hands. In a deal that was finalized March 4th but just recorded, a tenant-occupied industrial...
Everett Housing Authority, Huntington Park Apartments, Everett, New York Life Investments,

Everett Housing Authority Spends $119MM to Acquire Local Apartment Complex

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By Meghan Hall The Everett Housing Authority has made a sizable investment into its community, acquiring the Huntington Park apartment complex for $119 million, or...
Peachtree Hotel Group, Peachtree Hospitality Management, Eugene, Hillsboro, Hilton, Marriott

Peachtree Increases Footprint with Acquisition of Seven Hotels, Including Two Oregon Assets, for $135MM

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ALANTA--Peachtree Hotel Group (“Peachtree”) continues to capitalize on the hotel industry's recovery by acquiring seven premium-branded hotels for approximately $135 million. The acquisitions, totaling...
Holiday Inn Express, Auburn, JOJOA Inc., Palma Investment Co.

Auburn, Wash., Holiday Inn Express Sells for $23.5MM

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By Meghan Hall A Holiday Inn Express and Suites has sold in the Seattle suburb of Auburn, Wash. According to documents on file with King...

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Oakley Executive RV & Boat Storage, Oakley, Brentwood, Danville, Rio Vista, PG&E, Amazon, Tracy, Richmond, Discovery Bay, Toy Storage Nation, Lake Berryessa, Love's Truck Stop, Public Storage

Q&A: Chris Koenig Gives Perspective on Niche Segment of Storage Sector

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By Catherine Sweeney  While self-storage assets have gained popularity in the past several years, some property owners are exploring more niche segments of the storage...

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