Industry News
PropTech: Cornerstone Permit and Moxtra Join Forces to Maintain Connections with Clients in a New Way
By Meghan Hall As the pandemic hit, some businesses in the real estate industry noticed a decline in activity and required companies to...
New Residential Project Proposed for Seattle’s Mount Baker Neighborhood Faces Unique Design Challenges at Review Meeting
By Meghan Hall A 288,000 square foot apartment project proposed in Seattle’s Mount Baker neighborhood has worked to overcome a project-altering hurdle during...
New Blackstone Life Science Fund Has Nearly 1/4 of Its Properties in San Francisco & Seattle
By Jon Peterson New York City-based Blackstone is now marketing its Blackstone BioMed Life Science Real Estate fund to investors. The portfolio in this...
CenterPoint Purchases Port-Proximate Seattle Distribution Facility for $9.8MM
(EDITOR’S NOTE: According to public records, the property sold for $9.8 million. The seller was affiliated with Triple H Development, LLC, based in...
Sack Properties Acquires Chateau Woods Apartments in Woodinville for $45.75MM
(EDITOR’S NOTE: According to public documents, the seller was an entity associated of BPM Real Estate Group out of Portland, Ore., and the...
Hudson Pacific & CPP JV to Spend $625MM for 1918 8th Ave. in Seattle
Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP) and Canada Pension Plan Investment Board (“CPP Investments”) today announced they have signed an agreement...
CenterPoint Snares Rare Last-Mile Facility In Highly Rated Seattle Submarket for $18.9MM
(EDITOR’S NOTE: According to public records, the property sold for $18,875,015. The seller was an entity affiliated of BJRA LLC and Bruce McLachlin.)...
Blackstone Sells Kent’s Arbor Chase Apartments for $24.5MM
By Meghan Hall Investors continue to show their interest in the Puget Sound market, placing capital into assets and betting on the long-term...
Wittman Estes Debuts Tsuga Townhomes and Reflects on Becoming its Own Client
By Meghan Hall As urban infill housing becomes a more popular product type throughout the Puget Sound, some firms are expanding their offerings...
26-Unit Clover Meadows Apartments Sells for $3.3M in Off-Market Deal
Seattle, Wash. – Clover Meadows Apartments, a 26-unit multifamily property located at 12517 47th Avenue SW in Lakewood, Washington, sold for $3,302,700 in...
Swift Real Estate Announces $63MM Sale of Bellevue Asset
(EDITOR’S NOTE: According to sources with knowledge of the transaction details, the buyer was New York-based Innovatus Capital Partners.) San Francisco, Calif. (November...
Alexandria Real Estate Buys Two Bothell Office Assets for Combined $121.9MM
By Meghan Hall One of the biggest names in life sciences developments has turned its sights to the Eastside. In a multiple transactions...
