Industry News
US HealthVest Breaks Ground on New Smokey Point Behavioral Hospital
New hospital fills unmet need for behavioral health in Snohomish County and beyond MARYSVILLE, Wash. – (July 26, 2016) – US HealthVest and...
City Council Approves Accelerated Rebuild of Pier 62/63 on the Central Waterfront
Seattle (July 25, 2016) – Today the Seattle City Council voted to approve Mayor Ed Murray’s proposal to accelerate rebuilding the southern half...
NorthMarq Capital’s Seattle Office Arranges $9.68MM Refinance for Multifamily Property in Seattle
SEATTLE (July 19, 2016) – Scott Gilson, vice president of NorthMarq Capital’s Seattle-based regional office, arranged a $9.685 refinance for Minor Tower Apartments,...
Mack Urban Debuts Eleanor
47% Leased Before Opening Raising the bar for urban living in Roosevelt SEATTLE – July 20, 2016 – Mack Urban today announced the...
Regency Centers Buys Klahanie Shopping Center in Seattle for $36MM
SAMMAMISH, Wash.–Regency Centers Corporation (“Regency”), a national owner, operator, and developer of grocery-anchored shopping centers, has announced the acquisition of Klahanie Shopping Center,...
GLL/Vestas Complete Purchase of Seattle’s Safeco Plaza for $387MM at 5 Cap
(EDITOR’S NOTE: As The Registry reported on July 6, the price closed for $387 million at a 5 cap rate.) SEATTLE – July...
Wave Announces New Company Headquarters Through Lease with ‘Kirkland Urban’ Development
KIRKLAND, Wash.–Wave (www.wavebroadband.com), a gigabit fiber and broadband services company, today announced that it has finalized and signed a 10-year lease to be...
Davis Wright Tremaine Takes 8 Floors At Madison Centre in Seattle
SEATTLE, Wash. — July 13, 2016 — The joint venture between Schnitzer West, LLC and Cornerstone Real Estate Advisers, acting on behalf of...
Kennedy Wilson Acquires 430-Unit Multifamily Property in Auburn for $81MM
Company’s Washington apartment portfolio approaches 10,000 units BEVERLY HILLS, Calif.–Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company...
Washington Holdings Buys Courtyard Seattle for $84.5MM
(EDITOR’S NOTE: Public records show that Washington Holdings was the buyer of the asset.) DALLAS, July 5, 2016 — Ashford Hospitality Prime, Inc. (NYSE: AHP) (“Ashford Prime”...
Hines REIT to Dissolve, Sell 7 West Coast Assets for $1.162B Including 3 in Puget Sound
Hines Real Estate Investment Trust, Inc. (“Hines REIT” or the “Company”), one of three public non-listed REITs sponsored by Hines, announced today that...
First Hill’s Luma Now 68 Percent Sold
SEATTLE—June 29, 2016—Representatives for Luma Condominium, currently under construction in Seattle’s First Hill neighborhood, today announced sales for the 24-story condominium tower are at...