Industry News
Unico Properties, Pinnacle Partners Redevelop Historic Tacoma Building with 156-Unit Apartment Building
July 8, 2022 (Seattle, Wash.) – Unico Properties LLC, a Seattle-based real estate investment and operating firm, and Pinnacle Partners, a boutique Qualified...
Skanska Builds Out Interior of New Data Center in Hillsboro, Ore. for $80MM
Skanska has signed a contract with an existing client to build out the interior of the H3 – a data center in Hillsboro,...
Summerhill Apartment Communities Pays $26MM for 4.15-Acre Redevelopment Site
By Catherine Sweeney Two years after submitting plans for a two-building apartment community near Bellevue’s Highland Park, Summerhill Apartment Communities is buying up...
Cascade Public Media Buys 77,412 SQFT Office Building in Seattle for $23MM
By Natalie Nagy After 40 years at its current headquarters, Cascade Public Media is moving into a new building. In a transaction that...
ElmTree Pays $58.7MM for 204,500 SQFT Industrial Property in Everett
By Catherine Sweeney A St. Louis-based real estate investment company is growing its footprint across the Puget Sound region. In a sale that...
BH Properties Takes $35.45MM Refinance Loan for Single-Tenant Office Building in Renton
Five-Story Building 100-Percent Leased to University of Washington Medicine; 20-Year Loan Underwritten at Attractive Fixed-Rate in What Remains a Generationally Low-Rate Climate for...
Low Income Housing Institute Buys 93-Unit Affordable Housing Community in Seattle for $32.7MM
LIHI is pleased to announce the purchase of the Dockside Apartments at 6860 E. Green Lake Way N., Seattle on June 30, 2022....
Seattle JV Spends $6.3MM on Spokane Development Site, Plans 160-Unit Apartment Project in City’s University District
Spectrum Development Solutions teams with Pinnacle Partners on new apartment building along Spokane’s waterfront; opportunity zone development project to feature host of high-demand...
St. Regis Properties Buys 105-Unit Apartment Building in Federal Way for $35.75MM
By Natalie Nagy In a sign of continued interest in Puget Sound multi-family properties, two California companies traded an apartment property in Federal...
Acacia Capital Corporation Pays $204.3MM for 400-Unit Bellevue Apartment Community
By Catherine Sweeney The Puget Sound region has seen no shortage of apartment deals in recent months. In one such sale, The Overlook...
Telegraph Hill Partners Raises $525MM Fifth Fund for New Life Science and Healthcare Investments
SAN FRANCISCO , July 1, 2022 — Telegraph Hill Partners (THP), a venture capital and growth equity firm dedicated to building life science and healthcare technology businesses,...
37-Unit West Seattle Apartment Building Sells for $13.6MM
Investor confidence in Seattle market remains high despite volatile financial environment (EDITOR’S NOTE: According to public documents, the seller was an entity associated...