Industry News
Vanbarton Group Expands Puget Sound Holdings with $217MM Acquisition of Redmond’s Millennium Corporate Park
By Meghan Hall Well-placed Eastside assets are still continuing to trade for top dollar, even after nearly a year of struggle against the...
Lift Partners Spends $22.33MM on Three Industrial Assets Seattle Region
San Francisco, CA. – Lift Partners, a San Francisco-based real estate investment firm, is pleased to announce the acquisition of 15036 NE 95th St...
Build-for-Rent Housing Emerges as Popular Product Type Amidst Housing Shortages, High Demand
By Meghan Hall The single-family rental (SFR) space has been part of the real estate landscape for decades, with tenants historically renting from...
Bridge Development Buys REI HQ Site for $24.6MM, Plans New Industrial Complex
(EDITOR’S NOTE: According to public documents, Bridge paid $24.6 million. The seller of the property was REI.) Bridge Development Partners has announced the...
Zurich to Buy the Terry Thomas Office Asset in Seattle for $52MM
By Jon Peterson New York City-based Zurich Alternative Asset Management is set to acquire the 44,445 square foot Terry Thomas office building in...
Report: Retail Assets in Suburban Locations Mostly Holding Steady as Sector Looks to Weather Current Coronavirus Wave
By Meghan Hall Since the pandemic began nearly nine months ago, all eyes have been on the retail sector and the industry’s real...
Logistics Property Co. Closes $1 Billion Develop-To-Core Industrial Real Estate Fund
International Institutional Investors Support Dynamic Logistics Real Estate Industry During Global Pandemic CHICAGO–Logistics Property Company, LLC (LPC), today announced the successful closing of...
Astria Regional Medical Center in Yakima Sells for $20MM
Hospital and neighboring medical office building sold through bankruptcy process YAKIMA, Wash., December 16, 2020– Cushman & Wakefield today announced the firm has advised...
10-Unit Ballard Apartment Building Sells for $2.25M in Off-Market Deal
Seattle, Wash. (December 16, 2020) – A ten-unit apartment complex located at 2201 NW 62nd Street in Seattle, Washington, has sold for $2,250,000...
Mayor Durkan Signs Cultural Space Agency Charter to Create First Public Development Authority in Nearly 40 Years
New Public Development Authority to Develop Real Estate Projects in Partnership with Cultural Communities SEATTLE (December 15, 2020) – Mayor Jenny A. Durkan signed the...
Lakewood Industrial Asset Trades for $5.55MM
LAKEWOOD, WA, December 15, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...
WinCo Foods Buys Edmonds Grocery Asset for $23.5MM
By Meghan Hall Retail assets continue to trade despite the pandemic, but the assets attracting the most attention are often single-tenant buildings home...
