Industry News
Carter Validus Mission Critical REIT II Acquires 26,000 SQFT Silverdale Healthcare Property for $9.6MM
TAMPA, Fla.- Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a public, non-traded real estate investment trust focused on...
CBRE Capital Markets Arranges $33MM in Construction and Permanent Financing for Zella Apartments in Seattle
SEATTLE, WA – September 26, 2017 – CBRE Capital Markets has secured $33 million in construction financing for the development of Zella Apartments,...
Third & Lenora is Underway
Lease Crutcher Lewis and Martin Selig Real Estate have begun construction for a 36-story residential and office building at Third & Lenora in...
Stella Apartments in Seattle Sells for $6.85MM
Seattle, WA — September 25, 2017 — CBRE Capital Markets has arranged the sale of Stella Apartments, a 20-unit community in the First...
Global Prime Logistics Rents Climb Higher Amid E-Commerce Expansion and Seattle Leads Globally with 16.9% Prime Rent Growth
SEATTLE, WA – SEPT. 25, 2017 – U.S. industrial hubs posted the strongest growth in prime logistics rents for the past year, and Asian...
American Campus Communities Buys Interest in UW Property
AUSTIN, Texas – American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today...
WoodSpring Hotels Strengthens Market Position in Extended Stay Lodging in the Pacific Northwest
CHARLOTTE, N.C.–WoodSpring Hotels, the nation’s fastest growing value extended-stay hotel company, has executed three additional license agreements with West77 Partners, a Bellevue, Washington-based...
John Burns: Correcting Demographic Misperceptions
By John Burns, CEO Our survey of almost 1,000 people showed eight significant demographic misperceptions. Read our book Big Shifts Ahead if you...
John Burns: Understanding the Single-Family Renter
By Mikaela Sharp, Research Analyst, and Chris Porter, Chief Demographer Single-family home renters earn more money, have more kids, and are more likely...
Construction Begins on Space Needle’s Historic Century Project Renovation
Innovation and ingenuity on display as work kicks off 500 feet in the air SEATTLE, Sept. 14, 2017 — The Space Needle, one...
Quadrant I-5 Corporate Park Building B Sells for $12.5MM
Seattle, Wash. (September 12, 2017) – SmartCap Group, a commercial real estate investment company, has purchased Quadrant I-5 Corporate Park, Building B, a...
Security Properties Concludes $392.5MM Asset Sale for First Fund
SEATTLE, Sept. 6, 2017 — Security Properties today announced that it has sold the last of the 17 assets that comprised its first...