Industry News
The Post at Pier 52 Apartments In Seattle Trades for $107.5MM
By Meghan Hall Seattle apartment assets are continuing to sell fast. In another deal to close at the end of the year, the...
85-Unit Apartment Complex in Burien, Wash., Sold for $22MM
(EDITOR’S NOTE: According to public records, the buyer of the property was an entity affiliated with Lafayette, Calif.-based Springhill Real Estate Partners. The...
Black Diamond Residential Lots Sell to Pair of Big Developers for Combined $40.3MM
By Meghan Hall A single-family development frenzy has hit the Puget Sound as national firms look to buy up accessible and well-located pieces...
Essex Property Trust Buys Seattle Apartment Complex for $47.6MM
By Meghan Hall Apartment investors are still closing deals, taking no breaks even as the year ends. In another apartment deal that closed...
Mohawk Business Park & 55 West in Portland Are Refinanced for $73.8MM
CBRE has arranged a $45.8 million loan for the refinancing of Mohawk Business Park and a $28 million loan for the refinancing of...
Podcast: Mark Anderson, Founder & President of MGAC
Mark Anderson is the founder and president of MGAC, a Washington, DC-based owner’s representation, and project and cost management consultancy that was born our...
Hawaii-Based Investor Purchases Ballard Apartment Community for $53.5MM
By Meghan Hall Another Seattle apartment community has traded hands, this time to a developer from Hawaii. In a deal that closed this...
Entity Associated with MJR Development Buys Tacoma Office Asset for $41.25MM
By Meghan Hall Local real estate investors continue to remain active in the market, even as competition for commercial real estate has increased...
Inland Real Estate Buys Eastside Self Storage in North Bend for $18.7MM
By Catherine Sweeney The COVID-19 pandemic has fueled demand for self-storage facilities as many consumers are spending time in their homes. This growth...
Kent Industrial Market Booms with $10MM Sale of 4.4-Acre Property
Seattle, Wash. (December 29, 2021) – Lift Partners purchased a 4.4-acre industrial property in Kent, Washington for just over $10 million. The deal...
Jackson Square Properties Buys 216-Unit Bremerton Property for $92MM
(EDITOR’S NOTE: According to public records, the sale closed on December 22nd, and the price was $92 million, or $425,926 per unit.) SEATTLE...
Self-Storage Portfolio in Elma & McCleary Sells for $11.5MM
ELMA, WA, December 29, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...