Industry News
CenterPoint Spends $49MM to Acquire Distribution Center in Kent, WA
(EDITOR’S NOTE: the sales price of the distribution center was $49 million, or approximately $166 per square foot, according to public records filed...
Mt. Baker Housing Acquires 60-Unit Link Studios in Mount Baker for $7.5MM
Seattle, September 4, 2018 – Local non-profit and affordable housing developer Mt. Baker Housing (MBH) today announced its purchase of a three-story multifamily residential...
Newmark Provides $27MM for Eastlake Office in Seattle
SEATTLE, WA (August 29, 2018)– Newmark®, the largest independent commercial mortgage banking firm in the U.S., has arranged $27,000,000 in financing, for the...
I-90 Corporate Campus in Bellevue Sells for $28,025,000
Seattle, Wash. (August 31, 2018) – I-90 Corporate Campus, an 89,186 square foot, two-building office campus, located at 3350 and 3460 161st Ave...
Intracorp Announces Completed Bellevue Condos, Prices Starting From $400K
Bellevue, Wash. (Aug. 29, 2018) – Leading West Coast residential developer, Intracorp, announced today its latest project coming soon to Bellevue, Wash., Mira...
GEM Real Estate Partners Acquires Kimpton Palladian Hotel in Seattle for $42MM
(EDITOR’S NOTE: According to a statement from GEM Real Estate, the sales price for the 97-room hotel was $42 million, or roughly $433,000...
Retail Suites at Bosa’s One88 Development Come to Market
Colliers International’s Mark C. Anderson Named Leasing Agent for Opportunities in World-class, New Condominium Tower Bellevue, August 28, 2018 – Distinctive storefronts, soaring...
Newmark Provides $42MM Loan for Sammamish Town Center
SEATTLE, WA – Newmark®, the largest independent commercial mortgage banking firm in the U.S., has arranged $42,000,000 in permanent financing for the Village...
PMF Investments Announces Completion of Major Renovations at 200,000+ SQF Kelsey Creek Center in Bellevue, Wash.
Successful Bellevue Complex Fully-Leased and Thriving Following Anchor Building Expansion, Retail/Office Building Renovations, Landscape/Pedestrian Improvements, New Lighting, Draining, Rain Gardens and Sidewalks Environmentally-Sustainable...
Vector Development to Build 382,000 SQF Business Park in Covington, WA
COVINGTON, Wash. (August 2018) – Vector Development Company, a Pacific Northwest commercial real estate development, investment and asset management firm, today announced it...
Marcus & Millichap Sells Self-Storage Facility for $3.6MM
SHELTON, WA (August 21, 2018) – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...
McNellis: A Broken Compass?
By John McNellis Does outspending your competition buy you the best talent? Of course. Does it guarantee you the World Series championship? Not...
