Industry News

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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...

Elion Partners Spends $83MM on Four Last-Mile Industrial Assets Across West Coast

Elion Partners, a real estate investment firm, today announced that it has acquired four last-mile industrial distribution assets located across the West Coast...

Podcast: Tony Vargas, Global Head of Workplace @ sprinklr

Tony Vargas is the Global Head of Workplace at sprinklr, a New York-based technology firm that is growing across the globe. Tony is making great...

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