Industry News

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Harsch Acquires Vancouver Commerce Park for $11MM

Portland, Ore. – January 12, 2021 – Harsch Investment Properties announced today its acquisition of a three-building, multi-tenant industrial office park in the Orchards...

Taylor Development Buys Arlington, Wash. Industrial Asset for $19.25MM

By Meghan Hall Bellevue-based Taylor Development has purchased an Arlington, Wash., industrial asset where a number of related projects already underway. In a...

King County Housing Authority Buys Bel-Red Apartment Complex for $10.8MM

By Meghan Hall The King County Housing Authority has purchased a Bel-Red apartment complex shortly after Amazon announced its partnership with the agency...

Report: Months Following Holiday Season Will Act as “Stress Test” for U.S. Industrial and Logistics Real Estate

By Meghan Hall The current stay-at-home environment has been a boon for industrial and logistics real estate, driving demand for such asset classes...

Charlie’s Produce Adds to Growing Seattle Industrial Portfolio, Pays $72.6MM in Latest Deal

By Meghan Hall Just months after buying one of its own warehouses from investors, Charlie’s Produce has closed on another acquisition that will...

Seattle Office Report: Demand for Space Still “Missing Part of the Equation”

By Meghan Hall 2020 was a slow year for the office market, and companies and commercial real estate experts are eager to see...

NMHC Rent Payment Tracker Finds 76.6 Percent of Apartment Households Paid Rent as of January 6

The NMHC Rent Payment Tracker is powered by Entrata, MRI Software, RealPage, ResMan and Yardi Washington, D.C. – The National Multifamily Housing Council (NMHC)’s Rent...

New $187MM Mukilteo Multimodal Ferry Terminal Opens

Seattle, Washington – January 4, 2021 – LMN Architects is pleased to celebrate the opening of the Mukilteo Multimodal Ferry Terminal in Mukilteo,...

Hidden in Plain Sight

By Nash Hurley Creating a sustainable legacy for America’s Car Culture As part of our larger Network Communities research, we have been investigating...

Terreno Realty Acquires Property in Tukwila for $6.6MM

SAN FRANCISCO–Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property...

Kaiser Permanente Spends $36.25MM on Land in Seattle’s Yesler Neighborhood

(EDITOR’S NOTE: The sale closed on January 7th, 2021, according to public records. Kaiser is planning to develop a new multi-specific medical center on...

CPP Investments and Greystar Real Estate Partners Form U.S. Multifamily Development Joint Venture

TORONTO, Jan. 7, 2021 -Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar), a global leader in the...

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