Industry News
300,000 SQFT Arlington Industrial Development Ready for Construction
Arlington, WA March 27, 2018 – GS Venture Partners of Bellevue announced today they are officially Pad-Ready for a 300,000 square foot Industrial...
Newmark Arranges $25.5MM Financing for East Olive Apartments in Seattle
SEATTLE, WA – Newmark, the largest independent commercial mortgage banking firm in the U.S., has secured $25,500,000 in financing for 1111 East Olive...
Gridiron Condominiums in Seattle’s Pioneer Square Open at 75% Sold
SEATTLE, March 27, 2018 — Daniels Real Estate today announced that Gridiron in Pioneer Square has opened with over 75-percent of the 107...
Laird Norton Properties Acquires Blackriver Corporate Park in Renton for $28.8MM
(EDITOR’S NOTE: According to public documents filed with King County, the sales price for the 13-building property was $28.8 million, or approximately $122 per...
JLL Spark Acquires SaaS-based Real Estate Asset Management Company Stessa
Investment bolsters JLL’s position as a catalyst for change in the real estate industry SAN FRANCISCO – March 27, 2018 – JLL Spark,...
Hughes Marino Settles Lawsuit with CBRE
(EDITOR’S NOTE: The information below is press release statement issued by Hughes Marino following the agreement that it reached with CBRE in March...
Innovation Realty Partners Secures $30MM Financing from The Benaroya Company for Sammamish Town Center
Sammamish, WA – March 15, 2018 – Innovation Realty Partners, LLC has secured $30 million in financing from The Benaroya Company to facilitate...
Construction Begins on Seattle Asian Art Museum Renovation and Expansion
Public groundbreaking ceremony commemorates start of work on major project to preserve and expand museum’s historic Art Deco building in Seattle’s Volunteer Park...
Equity Residential Acquires Chloe Apartments in Seattle’s Capitol Hill Neighborhood for $53.7MM
(EDITOR’S NOTE: The sales price for the property was $53.7 million, or approximately $458,974 per unit, according to King County records. Equity Residential,...
PCC Community Markets to Open Flagship Store in Rainier Square Development
The nation’s largest community-owned food market to be first major grocer to enter downtown in more than a decade SEATTLE – PCC Community...
Terreno Realty Corporation Acquires Building in Seattle for $42MM
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...
Union Investment Acquires The Porter, 294-Room Hotel in Portland for ~$148MM
Another hotel acquisition for Unilmmo: Global / 294 rooms in a premium location Union Investment has acquired the boutique and lifestyle hotel The...