Industry News
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...
196-Unit Fairways Apartments in Longview Sells for $14.8MM
LONGVIEW, WA – Summerfield Commercial is pleased to announce the successful closing of a 196 Unit Complex, known as The Fairways Apartments, just...
58-Acre Site in Tacoma Sells for $32.4MM, Planned for 1.1MM SQ FT Industrial Development
Cushman & Wakefield Commerce Negotiates Sale of 58-Acre Former Sawmill in Tacoma, Wash.; Sale makes way for 1.1M square foot industrial development (EDITOR’S...
Historic Block in Seattle’s Pioneer Square to be Revitalized Through Renovations and Investment
New Pioneer Square destination will deliver unique alley experience SEATTLE, Dec. 6, 2016 — Three buildings in Pioneer Square will be significantly renovated...
Vulcan Leases 384,000 SQ FT to Facebook In South Lake Union
Project will include two office buildings totaling 384,000 square feet SEATTLE – December 2, 2016 – Vulcan, Inc. today announced that it has...
IMG Sells Sunset View in Renton for $33.6MM to The Meter Group
The Meter Group purchased the 240-unit Sunset View apartment complex for $33.6 million from Investors Management Group (IMG) of Los Angeles. Rasameel Structured...
OPINION: The Great Unwind Unravels Hottest Rental Markets in the US
Now in San Francisco, New York, Boston, Chicago, Washington DC, and perhaps a city near you. By Wolf Richter Averaged out across the...