Industry News
Beverly Hills Investor Buys DEMGY Pacific’s Tacoma Plant for $9.2MM
Pierce County’s tightest industrial vacancy backdrop hasn’t stopped a Beverly Hills investor from paying $9.2 million for the Tacoma facility that houses DEMGY...
Oregon Joins a Faster-Growing Inland West on Paper, With Portland Weighing Down the Average
A new 21-year data model from a California investment manager takes Oregon in full as the fourth-largest component of a 47.3 million-person Inland...
Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels
First Western Properties has been tapped to source Washington acquisition targets for Everwild Nordic Spas & Hotels, the Basecamp Resorts brand that is...
South Sound Industrial Splits in Two as Big Tenants Return and Small-Bay Absorption Stalls at 9.8% Vacancy
Lee & Associates' August South Sound industrial report shows overall vacancy easing to 9.8 percent as tenants chasing blocks of 300,000 square feet...
Boo Han Market Secures Permits for Third Store at Former 18,870 SQFT Grocery Outlet in Federal Way
A family-owned Korean grocer that started in a Lakewood garage nearly five decades ago has now cleared a construction milestone toward opening its...
Ventas-Linked Buyer Pays $24.1MM for Kent Senior Living Community
A Ventas-linked buyer pays $24.1 million for the Arbor Village senior living community in Kent, well below KKR's $41 million purchase in 2018.
Seattle’s Apartment Boom Skipped Families, With Only 14.5% of Rentals Offering Three or More Bedrooms
A Berkadia analysis of Seattle's rental stock finds the metro has spent its building cycle on studios and one-bedrooms, leaving renter families to...
1990s-Vintage Apartments Drive More Than a Third of Portland Sales as Median Price Slides 13% to $183,800 per Unit
Portland multifamily investors spent the first quarter rotating hard into 1990s-built product, much of it changing hands below what the same assets fetched...
$7.4MM Permanent Loan Secured to Refinance 70-Unit Treehouse Apartments in Portland
A private real estate investor has refinanced the 70-unit Treehouse Apartments at the doorstep of Oregon Health & Science University's Marquam Hill campus...
23-Unit Yakima Apartment Community Listed at $3.1MM, 6.81% Cap Rate
Yakima 23’s $3.1 million listing lands as Eastern Washington apartment sales rebound and cap rates compress toward 6.2 percent, testing whether a smaller,...
Rosen Harbottle Hunts for New Anchor at Tacoma’s James Center After Fred Meyer’s 68,000 SQFT Departure
Rosen Harbottle searches for a new anchor at Tacoma's James Center after Kroger's Fred Meyer declines to renew its 68,273-square-foot lease.
BentallGreenOak Buys 301-Unit Savanna at Reed’s Crossing for $160MM in Hillsboro
The $531,561-per-unit price BentallGreenOak paid for a Hillsboro apartment community delivered last year runs roughly triple what suburban Portland-area apartments have been fetching,...
