Industry News
Kennedy Wilson Sells $422MM Multifamily Portfolio, 3 Assets in Washington
BEVERLY HILLS, Calif. – Global real estate investment company Kennedy Wilson (NYSE:KW) (“KW”) announced today the $422 million sale of a six-property multifamily...
Campus Advantage Adds Six Assets to Student Portfolio for $200MM, Two at Univ. of Washington
(EDITOR’S NOTE: The two student housing assets in Seattle were part of a portfolio deal done by Heitman for the Florida State Board of...
Landmark and HAL Break Ground on ‘Marquee on Meeker,’ New 20-Acre Mixed-Use Residential Project in Downtown Kent
21 Three-Story Residential Buildings and Two Six-Story Mixed-Use Buildings with 12,000 SF of Ground-Level Retail Will Serve as New ‘Western Gateway’ to Resurging...
Strategic Storage Trust IV Acquires 780-Unit Self Storage Facility in Tacoma for $12.9MM
(EDITOR’S NOTE:The sales price of the property was $12.9 million, or approximately $16,538 per unit, according to King County records) TACOMA, Wash., May...
Shea Properties Announces the Grand Opening of Leeward Apartments in Seattle, WA
Shea Properties is pleased to announce the grand opening of Leeward, a new apartment development, in Seattle, Washington. The 296-unit luxury apartment community...
LaSalle Hotel Properties to Be Acquired by Blackstone for $33.50 Per Share in $4.8 Billion Transaction
(EDITOR’S NOTE: The REIT has six hotels in the San Francisco market and one in Portland, according to its website. These are the...
Online Dating
By John Cumbelich The real estate industry’s version of online dating can be found in places with names like LoopNet, Crexi, Commercial Search,...
McNellis: Many Happier Returns
Solving E-Commerce’s Challenge to Traditional Retail Comes in Small Packages By John McNellis Before the Wall Street Journal pontificates again about retail’s demise,...
DivcoWest and CalSTRS Enter Into New $300MM Core / Core Plus Venture
San Francisco, Calif. (May 14, 2018) – DivcoWest Real Estate Services, LLC, a leading vertically integrated real estate investment firm, announced today that...
New CEO for Grosvenor Americas
Grosvenor Group, which first invested in Vancouver 65 years ago, has appointed Steve O’Connell as its new CEO He will succeed Andrew Bibby...
Local Buyers at One88 Prove Downtown Bellevue is Ready for High-Rise Living
One88 Achieves 125 Residences Sold with Approximately 70 Percent of Buyers Coming from Puget Sound Bellevue, Wash. (May 15, 2018) – Bosa Development...
MainStreet Property Group Breaks Ground on The POP in Downtown Bothell
122-Unit Apartment Building to Feature 10,000 sq. ft. of Ground-Floor Retail Four-Story Mixed-Use Building Next to Bothell’s Pop Keeney Stadium and McMenamins, Slated...
