Industry News
FPA Multifamily Buys 98-Unit Portland Community for $30.25MM
PORTLAND, ORE. – Oct. 13, 2021 – JLL Capital Markets announced today that it has closed the $30.25 million ($308,673 per unit) sale of Hidden Village,...
Capstone Partners and Vance Development Secure $27.2MM Construction Loan for Ridgefield, Wash., Development
Nick Santangelo of CBRE’s debt and structured finance team in Portland arranged the equity and subsequent loan on behalf of the owner of...
Sedro-Wooley, Wash., Storage Asset Sells for $8MM
Sedro-Woolley, WA., October 12, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...
Lake Union Partners Sells Seattle Apartment Complex for $41.5MM
By Meghan Hall Lake Union Partners has traded away a Seattle apartment complex in a deal that closed just this week. According to...
138-Unit Condominium Tower in Bellevue, Mari, Breaks Ground
Bellevue’s Newest High-Rise Condominium Tower Reaches Construction Milestone Marking a New Moment of Downtown Living, Set to Arrive 2023 BELLEVUE, Wash., Oct. 13,...
LBA Realty to Cap $1.95B Industrial Fund with Southern California and Pacific Northwest Focus
By Jon Peterson Institutional investors continue to pour funds into industrial opportunities, and in a sign of a healthy demand for these types...
Amazon CEO Sets Flexible Return-to-Work Baseline
Amazon CEO, Andy Jassy sent the following message to Amazon’s employees Subject: Updated guidance on where we work Dear Amazonians, I want to...
Pendulum Properties Buys Bellevue Office Asset for $18.8MM
By Meghan Hall Att the end of last week, another office property traded hands, this time in Bellevue. Public records show that an...
176-Unit Orenda in Seattle’s Othello Square Opens 57% Pre-Leased
72 homes have a 20-year affordability commitment Deepest Commitment by Private Development in Greater Seattle Seattle – October 11, 2021 – Laird Norton Properties...
Los Angeles-Based Staley Point Capital Buys Seattle Industrial Asset for $32MM
By Meghan Hall A commercial real estate firm with a specific focus on industrial properties has purchased a SoDo property amidst the asset...
Unispace Acquires Global Experiential Design Firm Downstream
(October 8, 2021) — Global workplace strategy, design and construction firm Unispace today announced its acquisition of Downstream, a global experiential design expert with an expansive portfolio of integrated...
Gemdale USA Announces Partnership with Seattle Non-Profit Mary’s Place
Real Estate Investment and Development Company Contributes $500,000 to Mary’s Place Towards its Rapid Response Fund, Prevention / Stability Efforts and Digital Literacy...
