Industry News
Podcast: Alison Beddard, Managing Principal of Cushman & Wakefield’s Seattle and Bellevue Offices
Today’s conversation takes us to Seattle, where we talk to Alison Beddard, the new Managing Principal of the Seattle and Bellevue offices, and...
276-Unit Port Orchard Apartment Community Sold For $75.2 MM
(EDITOR’S NOTE: According to public documents, the buyer of the property was Campbell, Calif.-based Elan Multifamily Investments.) Atlas, the company’s third disposition in...
Unico Buys 110 Atrium in Bellevue for $143.2MM
By Meghan Hall Bellevue remains a hot market for office investment, and another asset has traded hands. In a deal that closed just...
Berkeley Partners Purchase 2.69-Acre industrial Property Near Port of Tacoma for $14.55MM
By Catherine Sweeney An industrial property in Fife, Wash. was recently sold to Berkeley Partners for $14.55 million. According to Pierce County public...
MG Properties Buys 200-Unit Tacoma Property for $85.5MM
JLL Capital Markets brokered the sale of Village on Main Apartments in Tacoma, Washington SEATTLE, August 26, 2021 – JLL Capital Markets announced today that...
Blackstone Continues Sale of Puget Sound Properties as Chandlers Bay Apartment Homes in Kent Trades for $90.15MM
By Meghan Hall Blackstone has disposed of a few different Puget Sound apartment properties lately, and the latest asset to be sold off...
Fully-Leased Hillsboro Office Building Hits the Market, Guidance at $14MM
By Meghan Hall As the Portland office market and the suburb of Hillsboro continues to grow, opportunities for investment have risen. A premier...
Karsten Kallevig to Lead Prologis’ Strategic Capital Business
SAN FRANCISCO (August 25, 2021) – Karsten Kallevig will join Prologis, Inc. (NYSE: PLD) as managing director, Global Strategic Capital, on October 1....
Project in North SeaTac Park Removed from SAMP
Early this year, Port staff submitted the draft federal environmental assessment (EA) for the Sustainable Airport Master Plan (SAMP) to the FAA for...
Helly Hansen Signs 274,000 SQFT Lease at Tarragon’s SeaPORT Logistics Center in Kent Valley
Seattle, WA (August 2021) – Tarragon is pleased to announce the signing of a 274,000 SF lease with Helly Hansen at its SeaPORT...
Report: More than 330,000 Rental Units Expected to be Delivered Nationwide in 2021
By Catherine Sweeney Despite many reports of residents leaving downtown areas throughout much of the COVID-19 pandemic, metropolitan areas across the nation are...
King County Closes on Acquisition of Extended Stay Americas in Seattle, Federal Way, for $67.3MM
By Meghan Hall King County is continuing to build upon its strategy by purchasing existing hotels to house Seattle’s growing homeless population. In...