Industry News
Low Income Housing Institute Closes on Second December Deal, Pays $16MM for Seattle Development Site
By Meghan Hall Seattle’s Low Income Housing Institute is a nonprofit that for decades has been working to increase and maintain housing for...
Entity Affiliated with American Property Management Buys Kirkland Asset for $30MM
By Meghan Hall A limited liability company affiliated with Seattle-based American Property Management has had a busy week. After selling a Tacoma Apartment...
Terreno Realty Extends Eastside Footprint with $3.5MM Redmond Purchase
BELLEVUE, Wash. — Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial...
New York Life Investments Pays $45.5MM for Tacoma Apartment Complex
By Meghan Hall Following on the heels of Seattle and Bellevue, the city of Tacoma is rapidly growing and is increasingly attracting investor...
Report: Demand Outpacing Supply in Life Science Markets Across West Coast
By Catherine Sweeney As the COVID-19 pandemic continues on, demand in the life science sector has surged across the United States. According to...
Seattle-Based Avenue 55 Acquires Three Woodinville Parcels for $12.75MM
By Vladimir Bosanac As the commercial real estate market across the Eastside continues to draw interest from investors and developers alike, local operators with...
Terreno Realty Acquires Industrial Property in Woodinville for $33.5MM
BELLEVUE, Wash. – Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial...
Seattle’s Uwajimaya Flagship Store Redesign Celebrates Shopper Experience, Culture
By Bekka Wiedenmeyer Tourists visit Seattle for an endless number of reasons. The destination celebrates its rich culture of art, music, food, history...
Low Income Housing Institute Buys 36-Unit Apartment Building in Seattle for $10.97MM
By Catherine Sweeney After recently being completed this year, a 36-unit apartment building in Seattle’s Capitol Hill neighborhood will soon become low income...
Bellevue’s Cerasa Apartments Trades for $109MM
By Meghan Hall Puget Sound multifamily assets continue to trade at a rapid pace. In another recent closing, Bellevue’s Cerasa Apartments sold for...
19,447 SQFT Kirkland Property Sells for $22.5MM
By Vladimir Bosanac As the Eastside submarket continues to draw attention from investors across the region and nation, a Washington-based development company is...
Hudson Pacific Properties Buys Seattle’s 5th & Bell for $119MM
(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:...