Industry News

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Kennedy Wilson Buys Paceline Apartments in Shoreline, Wash., for $90.25MM

By Meghan Hall Apartment investors continue to wheel and deal in the Puget Sound market. In a transaction that closed at the beginning...

In First, $19MMM of C-Pace Financing Closed for Historic Lodge at St. Edward State Park in Kenmore, Wash.

Inaugural King County C-PACER funding secures long-term, low-interest funding to bolster Daniels Real Estate’s transformation of the former seminary into a high-end Lodge...

EverWest Real Estate Investors Buys Seattle Industrial Asset for $15.483MM

By Meghan Hall Denver-based EverWest Real Estate Investors is continuing to expand its Puget Sound portfolio, closing on its second acquisition in the...

Podcast: Steve Glenn, Founder & CEO of Plant Prefab

Today’s conversation is with Steve Glenn, the founder and CEO of Plant Prefab, the first prefabricated home factory in the nation dedicated to sustainable...

Hudson Pacific Offers up for Sale the 180,000 SQFT Northview Center in Lynnwood

By Jon Peterson With significant commercial transactions across the greater Puget Sound region continuing early into 2022, some investors are looking to dispose of...

Team of Private Investors Buys Portion of Redmond Town Center, Creekside Crossing, for Combined $44.2MM

By Meghan Hall As property values continue to rise, locals are looking to get in on the action. A number of assets have...

Designs for W.M. Keck Science Center in McMinnville, Oreg., to Emphasize Importance of Interdisciplinary Studies

By Meghan Hall Linfield University in McMinnville, Oreg., is anticipating the completion of a new expansion that will transform the institution’s educational opportunities....

Kennedy Wilson Announces $300 Million Perpetual Preferred Equity Investment From Fairfax Financial

BEVERLY HILLS, Calif.— Fairfax Financial Holdings Limited, through its affiliates (collectively, “Fairfax”), has agreed to make a $300 million strategic preferred equity investment in...

Terreno Realty Corporation Acquires Properties in Bellevue for $13MM

BELLEVUE, Wash.– Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired three industrial properties in...

Multifamily Report: “No Market is Really Struggling” 

By Meghan Hall While economic contractions can certainly have their fair share of impacts on the commercial real estate market, one truth always...

Olympia Draws Increased Interest as Three Downtown Buildings Sell for Nearly $40MM

Seattle, Wash. – Kidder Mathews brokered three building sales in Olympia’s downtown core, totaling nearly $40 million. The transactions demonstrate increasing interest from...

Vulcan Real Estate Sells Google-Leased Lakefront Blocks in Seattle for $802MM

Google anchored offices sell to German investment firm Deka Immobilien SEATTLE, Wash. (Feb. 23, 2022) – Vulcan Real Estate and Newmark today announced the sale of the...

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