Industry News
King County Purchases MV Transportation Site for $11.5MM
By Meghan Hall Nearly two years after signing a five-year access contract with MV Transportation, to expand services to qualifying riders throughout Seattle,...
$20.8MM in Long-Term Financing Secured for 232-Unit Spokane Multifamily Acquisition
Northern Heights Apartments Sits West of Spokane’s Municipal Border in Location Serving the Region’s Fast Growing Logistics Hubs and Related Employment Clusters Spokane,...
Alco Investment Co. Buys Two Eastside Business Parks for $155MM
By Meghan Hall Kent, Wash.-based Alco Investment Company has made a big investment into the Eastside, acquiring two flex/life sciences complexes in Redmond...
Carmel Partners, Deutsche Bank, Seal $279MM Deal on Bellevue Apartment Complex
By Meghan Hall A massive apartment development near the heart of the action in Bellevue has traded hands. San Francisco-based Carmel Partners has...
Redfin: San Francisco, Seattle, Listed as Markets with Most Bidding Wars
SEATTLE — Nationwide, 49.7% of home offers written by Redfin agents faced bidding wars in December, according to a new report from Redfin, the technology-powered real...
American Life Puts Home Plate Center in Seattle up for Sale, Potential Pricing Could Reach $275MM
By Jon Peterson Seattle-based American Life has placed on the market for sale the Home Plate Center office and retail asset in Seattle....
ScanlanKemperBard Takes $30.35MM in Acquisition Financing for Industrial Portfolio Buy and Redevelopment in Seattle
JLL Capital Markets arranged funds for the 213,000-square-foot Commodore Way Portfolio SEATTLE, January 20, 2021 –JLL Capital Markets announced today that it has arranged...
Tarragon Announces Five New Hires
Tarragon, a Seattle-based real estate development company, recently welcomed Bayard Blair, Acquisition and Development Analyst; Jeff Lovshin, Development Manager; Katelin Carter, Marketing Manager;...
Security Properties Moves Forward with Designs for 138-Unit Magnolia Neighborhood Mixed-Use Project
By Meghan Hall After seven months spent working through the early design review process, a new, mixed-use project in Seattle’s Magnolia neighborhood has...
Apollo Global Management Buys Stanwood Retail Asset for $15.5MM
By Meghan Hall Suburban retail assets are continuing to attract investors and deals throughout the region are continuing to close. In another recent...
Lev Vel Group Offers Multi-Tenant Office Asset in Ballard for Sale
Seattle, WA – Lev Vel Group has placed its first office development, the Tommer Building, on the market for sale. The 24,222 square...