19,447 SQFT Kirkland Property Sells for $22.5MM

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By Vladimir Bosanac As the Eastside submarket continues to draw attention from investors across the region and nation, a Washington-based development company is hoping to...

Hudson Pacific Properties Buys Seattle’s 5th & Bell for $119MM

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(EDITOR'S NOTE: According to public records, the seller is Alexandria Real Estate Equities, based in Pasadena, Calif.) LOS ANGELES— Hudson Pacific Properties, Inc. (NYSE: HPP) today...
Newmark, Los Angeles, Orange County, Portland, Sacramento

Report: Increased Office Vacancies Allow for Industrial Conversions as Demand in Sector Heightens

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By Catherine Sweeney  While office vacancies remain high, demand for industrial product across the nation only continues to intensify. Despite the challenges this has caused...
Public Storage, CubeSmart Self Storage, Federal Way, JLL, Latitude

Public Storage Buys Federal Way Asset for $23.35MM

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[googlemaps https://www.google.com/maps/embed?pb=!1m18!1m12!1m3!1d86611.29808413766!2d-122.43025861151378!3d47.28301338421652!2m3!1f0!2f0!3f0!3m2!1i1024!2i768!4f13.1!3m3!1m2!1s0x54905643d2b4a279%3A0x83ab8b29f7717b0a!2s2010%20SW%20356th%20St%2C%20Federal%20Way%2C%20WA%2098023!5e0!3m2!1sen!2sus!4v1640191768509!5m2!1sen!2sus&w=800&h=450] By Meghan Hall Self-storage assets have become increasingly popular during the pandemic. In a stroke of irony, while many populations are sheltering in place,...

Machinist Inc. Sells Gear Works Building in Seattle’s South Park Neighborhood for $10.95MM

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By Catherine Sweeney  After being bought in 2018, the Gear Works building in Seattle’s South Park neighborhood is being sold again. According to King County...
SRM Development, NBK LLC, Holiday Inn Express, Bellevue, Kidder Mathews

SRM Development Buys Holiday Inn Express in Bellevue for $32.5MM

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By Meghan Hall A Holiday Inn Express under construction in Bellevue has traded hands. According to public records, Spokane, Wash.-based SRM Development purchased the property...

Security Properties Acquires Lacey’s Martingale Apartments for $92MM

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SEATTLE, Dec. 22, 2021 -- On December 14, 2021, Security Properties purchased Martingale, a Class A multifamily property located in Lacey, WA for $92,000,000. Security Properties...

Kamiak Real Estate Partners Sells Newly-Constructed Sora Apartments in Seattle’s University District for $16MM

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15K + SF Fully-Leased 54-Unit Boutique Apartment Sold to AEKP Real Estate LLC Seattle, Wash.  – Kamiak Real Estate Partners (Kamiak), a real estate firm focused on...

RISE Properties Trust Acquires Sancerre Apartments in Kirkland for $49.5MM

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(EDITOR'S NOTE: IPA's Giovanni Napoli and Philip Assouad brokered the deal.) Company Closes Out Year with Nine Purchases Across the Pacific Northwest in 2021 Totaling...

Report: Retail Sector Sees Increased Demand for Grocery Stores as a Result of Shifting...

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By Catherine Sweeney  As many non-essential retail assets, including restaurants, were ordered to close to in-person services during the height of the COVID-19 pandemic, grocery...

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Mortgage Rates Decrease for the First Time Since March

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MCLEAN, Va., May 09, 2024 -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged...

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