Industry News
Boston Properties Officially Closes on Seattle’s Safeco Plaza for $465MM
(EDITOR’S NOTE: The Registry had previously reported on this sale in July of 2021 with pricing at $465MM. The property was 91 percent leased at...
Alcove Apartments in Burien Sells for $11.15MM
By Meghan Hall After extensive renovations and transformation, a Burien apartment asset has traded hands. In a transaction finalized on August 26th, Meter...
Seattle Area Auto Dealer Purchases Renton Dealership for $18MM
By Catherine Sweeney An auto dealership in Renton recently sold for $18 million, or approximately $493 per square foot. According to King County...
686-Unit Mixed-Income Solera Project in Renton Breaks Ground
Affordable housing, daycare, access to transit among amenities Renton, Wash. – A new development that aims to transform a block in the Renton Highlands...
Mecanica Opens Portland, Ore. Area Office
OXNARD, Calif., Aug. 31, 2021 — Mecanica Scientific Services, an engineering and scientific analysis firm, opened an office in the Portland metropolitan area, providing its customers and industry...
Terri Ann Apartments in Seattle Sells for $6.3MM
Competing offers for 25-unit building in Seattle’s First Hill neighborhood demonstrate renewed investor interest in downtown core Seattle, Wash. – Colliers is pleased to...
RISE Properties Trust Acquires TownCenter Park Apartments for $30MM
Residential Community Purchase Marks 32nd Acquisition for RISE WILSONVILLE, OR — RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, announced their...
Crow Holdings Forms $1B U.S. Industrial JV with Abu Dhabi-Based Mubadala
Crow Holdings, a national real estate investment and development firm, and Mubadala Investment Company, the Abu Dhabi-based sovereign investor, have announced a joint...
24,800 SQFT Retail Property in Everett Sells for $5.8MM
EVERETT, WA, August 31, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...
Landmark Tower for Sale in Portland, Guidance at $120MM
(EDITOR’S NOTE: According to sources familiar with the property, guidance pricing on the asset is $120 million, or just under $672 per square...
Two Tacoma Apartment Complexes Sell to California Investor for Combined $32.6MM
By Meghan Hall Investors of all shapes and sizes are continuing to invest in the Puget Sound multifamily market. In two recent deals...
Marijuana Business Incubator Sells Tacoma Asset for $42.8MM
By Meghan Hall A tract of land and an industrial property that has been used by a marijuana business incubator for the past...
