News Releases
Everett’s Woodbrook Apartments Trade for $31.3MM
EVERETT, Wash., Aug. 9, 2022 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Woodbrook, a 100-unit apartment property...
The City of Seattle Announces $22MM in New Affordable Housing Investments
Latest funding announcement brings Mayor Harrell’s total affordable housing investments to $48 million, supporting 450 homes, since beginning of 2022 Seattle – The City...
West Ridge Apartments in South Everett Sells for $12MM
Property sells for first time since developed in 2000 August 8, 2022 (Seattle, WA) – Lee & Associates Commercial Real Estate Services is pleased to announce...
Thayer Manca Buys 80-Unit Ballard Apartment Complex for $20MM
(EDITOR’S NOTE: According to sources familiar with the transaction detail, the property sold for $20 million, or $250,000 per unit. The cap rate...
Construction Begins on 246-Unit Ninebark on Camas-Washougal’s Waterfront
Sunrise Management to Lead Lease-up and Management; Pre-Leasing to Begin in October WASHOUGAL, Wash. (August 3, 2022)– Construction on Killian Pacific’s newest development, Ninebark, a...
Beam Reach Partners to Develop 740,000 SQFT Commercial Office Building in Bellevue
Seattle, WA — Newmark announces KANON, a proposed 740,000-square-foot two-tower office development, located steps away from the newest Downtown light rail stop, in...
Clackamas’s Sunnyside 205 Retail Center Sells for $25.8MM
Located Right Off the I-205 Freeway, the 4.5-Acre Property Enjoys a Variety of Longstanding and New Retail and Medical Tenants CLACKAMAS, OR –...
Economic Recovery Initiative Seattle Restored to Activate 45 Vacant Commercial Properties Throughout City
Seattle – The City of Seattle Office of Economic Development (OED) and Mayor Bruce Harrell announced the expansion of Seattle Restored—an economic recovery...
17-Unit NOREG Apartments in Seattle’s Ballard Neighborhood Sells for $5.25MM
Seattle, WA –– For the first time since its construction in 1985 NOREG Apartments, a 17-unit apartment community the heart of Seattle’s Ballard...
Legacy Partners Secures $91.88MM in Construction Financing for 288-Unit Residential Project in Bellevue
BELLEVUE, Wash. – August 1, 2022 – Legacy Partners (“Legacy”), a privately held national real estate firm, and Cushman & Wakefield, exclusive advisor...
Duke’s Seafood Building in Tacoma Sells for $6.25MM
Long-time Ruston Way restaurant to remain as tenant July 27, 2022 (Tacoma, WA) – Lee & Associates Commercial Real Estate Services is pleased to have brokered...
Vulcan Breaks Ground on 345-Unit Development in Seattle’s Yesler Neighborhood
Cascara at 225 Broadway will bring Vulcan’s residential portfolio at Yesler to more than 1,000 units SEATTLE, Wash. (July 29, 2022) – Vulcan Real Estate...
