Industry News
164-Unit College Glen Apartments in Lacey, Washington Sells for $19.3MM
Seattle, Wash. (April 4, 2018) – Shelter Resources, Inc., a local developer and renovator of affordable housing, has acquired College Glen Apartments,...
Los Angeles-Based Gelt Spends $74MM for Two Kent and Federal Way Apartment Properties
Acquisition marks Gelt’s entry into Seattle market; investor seeks to acquire 2,500 additional units over the next two years Los Angeles, Calif., April...
Construction To Begin on the New Dick’s Drive-In in Kent After $3MM Land Sale
(EDITOR’S NOTE: the $3 million land sale included 4 parcels totaling just over 8 acres, according to public documents filed with King County. The...
Compass Health Receives Key Washington State Funding to Build Affordable Housing Project in Everett
New development off Broadway Avenue will provide 82 units of affordable housing to support people with chronic mental and behavioral health issues EVERETT,...
Stone Way North, Seattle Site Sold; To be Redeveloped into Apartments over Retail
Colliers International’s Seattle Apartment Team Arranges Wallingford Transaction Seattle, March 29, 2018 – In a transaction that paves the way for much-needed new...
300,000 SQFT Arlington Industrial Development Ready for Construction
Arlington, WA March 27, 2018 – GS Venture Partners of Bellevue announced today they are officially Pad-Ready for a 300,000 square foot Industrial...
Newmark Arranges $25.5MM Financing for East Olive Apartments in Seattle
SEATTLE, WA – Newmark, the largest independent commercial mortgage banking firm in the U.S., has secured $25,500,000 in financing for 1111 East Olive...
Gridiron Condominiums in Seattle’s Pioneer Square Open at 75% Sold
SEATTLE, March 27, 2018 — Daniels Real Estate today announced that Gridiron in Pioneer Square has opened with over 75-percent of the 107...
Laird Norton Properties Acquires Blackriver Corporate Park in Renton for $28.8MM
(EDITOR’S NOTE: According to public documents filed with King County, the sales price for the 13-building property was $28.8 million, or approximately $122 per...
JLL Spark Acquires SaaS-based Real Estate Asset Management Company Stessa
Investment bolsters JLL’s position as a catalyst for change in the real estate industry SAN FRANCISCO – March 27, 2018 – JLL Spark,...
Hughes Marino Settles Lawsuit with CBRE
(EDITOR’S NOTE: The information below is press release statement issued by Hughes Marino following the agreement that it reached with CBRE in March...
Innovation Realty Partners Secures $30MM Financing from The Benaroya Company for Sammamish Town Center
Sammamish, WA – March 15, 2018 – Innovation Realty Partners, LLC has secured $30 million in financing from The Benaroya Company to facilitate...