Industry News
NorthMarq Capital Arranges $28.7MM in Acquisition Financing for Luxury Apartments in Seattle, Washington
SAN FRANCISCO – A team led by Managing Director Dennis Williams and Vice President Tom Wight of NorthMarq Capital’s San Francisco regional office...
Capitol Hill Station Development to Celebrate Groundbreaking
Seattle, WA (June 12, 2018) — The Capitol Hill Station Development, a transit-oriented, mixed-income and mixed-use development project that surrounds the new Capitol...
CBRE Acquires FacilitySource for ~$290MM
Los Angeles, June 12, 2018 – CBRE Group, Inc. (NYSE:CBRE) today announced a significant strengthening of its ability to deliver integrated solutions for...
CBRE Arranges $16.1MM Sale of Best Buy/Party City in Silverdale, WA
SEATTLE, WA – JUNE 11, 2018 – CBRE Capital Markets has arranged the sale of the Best Buy/Party City, a completely renovated, 69,415...
Fred Hutch Leases 106,000 Square Feet in Lake Union Steam Plant Building to Expand SLU Campus
SEATTLE – JUNE 11, 2018 – Fred Hutchinson Cancer Research Center today announced a 10-year, full-building lease agreement with Alexandria Real Estate Equities,...
NKF Completes $45.4MM Sale of Office Project in Bellevue, WA
NKF Capital Markets Announces $45.4 Million Sale of Oakhurst Center — a Suburban Office Project in the Highly Desirable 520 Corridor Submarket in...
Ground Breaks on Phase II of Wilburton Village Development in Bellevue
BELLEVUE – (June 1, 2018) Principal Real Estate Investors of Des Moines, Iowa and Bellevue-based KG Investment Properties broke ground April 2nd on...
CenterPoint Properties Acquires 13.9 Acres Adjacent to Port of Tacoma for $16.7MM
(EDITOR’S NOTE: The sales price for the property was $16.7 million, according to Pierce County records). OAK BROOK, IL – CenterPoint Properties is proud...
CBRE Affordable Housing Arranges $18.85MM Sale of 171-Unit Ventana Apartments in Kent
Seattle, WA – June 4, 2018 — CBRE Affordable Housing has arranged the sale and financing of Ventana, a 171-unit affordable multifamily property...
Kilroy Realty Signs Leases Totaling 945,000 Square Feet across Three West Coast Markets, 163,000 SQFT Renewal with Adobe in Fremont
LOS ANGELES – Kilroy Realty Corporation (NYSE: KRC) today said it has signed new or renewing leases on approximately 945,000 square feet of...
Screwed: Brokers Tell-All
“Business is the polar opposite of a high school dance—you can always find someone to screw you.” By John McNellis “Dear John: I...
Marcus & Millichap Sells Self Storage Facility for $9MM
VASHON, WA, May 31, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the...