Industry News
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...
Bellevue’s Northup Center Trades Hands for $42MM
By Meghan Hall Assets in and around Bellevue are highly coveted by investors, and even assets outside the core of downtown are sought...
Abacus Capital Group Adds to Puget Sound Portfolio, Picks Up Bellevue Apartment Complex for $144MM
By Meghan Hall Adding to a slew of commercial property deals is an acquisition this week by a major player in the U.S....
Teutsch Partners Sells Auburn Industrial Asset for $68MM
By Meghan Hall Out of state investors are continuing to buy into the local commercial real estate market. This week, another industrial deal...