Industry News
Dow Hotel Company Selected to Operate The Hilton Hotel in Bellevue on Behalf of Wig Properties
SEATTLE–Officials of The Dow Hotel Company (DHC), a leading national hotel owner/investor and operator, today announced that it has been selected to operate...
Unico Purchases Tacoma’s Historic Asset for $9.8MM
(EDITOR’S NOTE: According to public documents, the sale closed on December 30th, 2016, and the price was $9.8 million, or approximately $79 per...
Lee & Associates Opens First Office in Pacific Northwest
SEATTLE–Lee & Associates, the largest broker-owned commercial real estate firm in North America, has announced the opening of its first office in the...
Henbart LLC Opens the Commons at Ballard with Great Success
Leasing numbers are a testament to mixing it all up by integrating uses and users 100% of the commercial space is leased 85%...
Pacific Eagle Acquires 1931 Second Avenue in Seattle for $18MM
Transaction part of a long-term investment strategy for the company and its new Seattle office SAN FRANCISCO (DECEMBER 14, 2016) — Pacific Eagle,...
TruAmerica Sells Carriages, a Renton Apartment Complex, for $97.7MM
Sequoia Concludes Acquisition Rally by Adding 400-Multifamily Units to Their Seattle-Metro Holdings (EDITOR’S NOTE: According to public documents, the transaction closed for $97,750,000,...
DCT Celebrates 10-Year Anniversary as Major Industrial Market Player
By Jacob Bourne Denver based DCT Industrial marked its 10-year anniversary of becoming a publicly traded company on December 13. The company’s executive...
Gemini Rosemont Buys One Twelfth @ Twelfth in Bellevue for $217MM
(EDITOR’S NOTE: According sources familiar with the details of the transaction, the deal closed December 14, 2016 for $217 million, or roughly $452...
Savills Studley Expands to Seattle
Savills Studley Announces Pacific Nothwest Expansion, Taps Top Tenant Rep Brokers to Lead New Seattle Office NEW YORK (December 13, 2016) – Savills...
Kilroy Realty Announces Long-Term Seattle Lease
Executes 12-year Lease in South Lake Union Neighborhood LOS ANGELES–Kilroy Realty Corporation (NYSE: KRC) announced today that it executed a 12-year lease with...
$93MM in Acquisition Financing Provided for Bothell Apartment Purchase
NorthMarq Capital’s Denver office arranges $93 million in acquisition financing for Bridges at Northcreek in Bothell, Washington David Link, managing director, and Brian...
Jackson Square Properties Buys Kent Apartment Asset for $56.5MM
(EDITOR’S NOTE: San Francisco-based Jackson Square Properties purchased the asset for $56,539,200, or approximately $186,000 per unit, accoridng to public records. The sale...