Industry News
Podcast: Jim Wunderman, President & CEO of the Bay Area Council
There are few people who understand better what makes the Bay Area tick than Jim Wunderman. He is the CEO of the Bay Area...
James Apartments in Lakewood Sell for $32.55MM
By Meghan Hall Heading into the end of the year, another local apartment complex has traded hands. In a deal that was finalized...
Renton’s Cedar River Station Sells for $15MM
RENTON, WA, November 12, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...
Beach View Plaza in Oak Harbor Sells for $3.7MM
OAK HARBOR, WA, November 11, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and...
GTIS & Ryan Cos. Break Ground on 126,646 SQFT Multi-Story Logistics Project in Seattle
By Meghan Hall In recent months, companies have been closely looking at their supply chains as shipping backlogs and product shortages continue to...
CalPERS Allocates $500MM for Life Science Relationship with DivcoWest
By Jon Peterson On the heels of increasing its commitment in the multifamily real estate market, the California Public Employees Retirement System has made...
Legacy Partners & Lionstone Break Ground on 623-Unit Redmond Square Redevelopment
REDMOND, Wash. (November 11, 2021) – Legacy Partners (“Legacy”), a privately held national real estate firm, and JV partner Lionstone Investments, a data-analytics...
Legacy Partners Opens 306-Unit Maris in West Seattle
SEATTLE (November 10, 2021) – Legacy Partners (“Legacy”), a privately-held national real estate firm, along with their equity partner USAA Real Estate, today...
Greystar Sells U.S. Multifamily Value-Add Fund for Approximately $3.6B
(EDITOR’S NOTE: According to industry reports, the buyer of the properties is Ivanhoe Cambridge. Two of the properties traded were located in the...
Seven Hills Realty Trust Closes $21MM Loan to Finance Acquisition of Bellevue Property
NEWTON, Mass.–Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $21 million first mortgage floating-rate bridge loan to finance the acquisition of...
Report: Future Workplaces Call for Collaborative Technology, Amenity-Rich Spaces
By Catherine Sweeney The office environment has seen a massive shift since the start of the COVID-19 pandemic, with more workers taking on...
Centrally-Located Arthouse Apartments in Seattle Sells for $62MM
By Meghan Hall Recently-developed and high-end multifamily properties continue to trade hands as urban multifamily fundamentals recover. In a deal that closed on...