Industry News
Revamped 144-Unit Residential Project in Seattle Passes Design Recommendation
By Meghan Hall After revamping its original design scheme, the project team for a 144-unit development in the neighborhood of West Seattle has...
Podcast: Jerry Zevenbergen (CEO) & TR Hazelrigg (President), Co-Founders of Avatar Financial
In today’s conversation, we sit down with Jerry Zevenbergen and TR Hazelrigg, co-founders of Seattle-based Avatar Financial. As CEO and President, Jerry and TR,...
Pacific Urban Residential Announces Merger With Affiliate Hanover Real Estate Investors
PALO ALTO, CA – Multifamily owner-operator and investment manager Pacific Urban Residential (”Pacific”) and multifamily private equity investor Hanover Real Estate Investors (“Hanover”) ...
MCA Realty Acquires Five Multi-Tenant Industrial Assets Totaling More Than $71 Million In Washington, Nevada, and California
The firm recently raised its first fund, achieving $50 million in equity commitments resulting in approximately $130 million in buying power ORANGE COUNTY, Calif. – MCA...
KKR Closes $4.3B Americas Opportunistic Real Estate Fund
(EDITOR’S NOTE: According to sources familiar with the fund, KKR will be investing in several markets, including the San Francisco Bay Area, Seattle...
Investor Specializing in Military Housing Buys Lakewood Apartment Complex for $72.4MM
By Meghan Hall Another Lakewood apartment asset has traded hands, this time to an investor that specializes in providing housing for military and...
Partners Group and Unico Properties Sell Seattle Office Asset for $164.5MM
(According to public records, the building sold for $164.5 million, or about $779 per square foot. The buyer is a limited liability company...
Terreno Realty Corporation Acquires Property in Woodinville for $23.6MM
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...
Tech Evolution–Finally–Hits Construction Sector at Scale
By Meghan Hall McCarthy is one of the largest–and one of the oldest–construction firms in the nation. The company began more than 150...
Report: Hillsboro Registered Largest Data Center Leasing Across All Secondary Markets in North America in First Half of 2021
Hillsboro saw the highest leasing activity across all secondary markets in North America while also registering the fourth most product under construction in...
Bosa Development Purchases Three-Acre Retail Site in Bellevue for $127.5MM
By Catherine Sweeney After just several months of being on the market, a retail and restaurant property in Bellevue has been purchased by...
Kennedy Wilson Acquires Two Multifamily Communities in Seattle for $265MM
(EDITOR’S NOTE: According to public records, the seller of The Bristol at Southport is a limited liability company affiliated with Seco Development James...