News Releases
Blackstone Real Estate to Acquire PS Business Parks for $7.6B
GLENDALE, Calif. and NEW YORK--PS Business Parks, Inc. (NYSE:PSB) (“PSB” or the “Company”) and Blackstone (NYSE:BX) today announced that they have entered into...
Hines Buys Single-Tenant Asset in Portland’s Silicon Forest for $39MM
(EDITOR’S NOTE: According to a source familiar with the deal, the building sold for about $39 million, or about $184 per square foot)....
Shops at Burlington Fashion Outlets Sell for $9.5MM for Redevelopment
Seattle, Wash. (April 25, 2022) – The Shops at Burlington property in Burlington has sold for $9.5 million after 30 years as the...
Harbor Custom Development, Inc. Lists Six Puget Sound Multi-Family Projects for $278MM
Tacoma, Washington, April 21, 2022 -- Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) ("Harbor," "Harbor Custom Homes®," or the "Company"), an...
Seagen Plans to Develop 270,000 SQFT Biomanufacturing Facility in Everett
– New 270,000-square-foot facility in Everett, Washington, is expected to enhance scientific manufacturing capabilities and expand highly skilled workforce – BOTHELL, Wash.--Seagen Inc. (Nasdaq:...
SeaTac’s Innsbruck Apartments Sells for $6.9MM
SEATTLE, Wash. –April 20, 2022 – Colliers is pleased to announce the sale of Innsbruck Apartments in SeaTac, Washington for $6,900,000 ($222,580 per...
$85.5MM Construction Loan for 252-Unit Apartment Development in Shoreline, Wash.
Seattle – April 20, 2022 – CBRE facilitated a $85.5 million construction loan for Ion, a 252-unit Class A apartment community in Shoreline, Wash. Bill...
142-unit Junction Flats + Junction Landing in West Seattle Sold for $58.3MM
Seattle, Wash. (April 19, 2022) – A two-property portfolio of apartment buildings at the West Seattle Junction sold today in a transaction structured...
Hines Creates Global Digital Strategy Office
(NEW YORK) – Hines, the global real estate firm, today announced the creation of a Global Digital Strategy Office (GDSO) and the promotion of...
American Campus Communities Announces $13 Billion Transaction with Blackstone Funds
AUSTIN, Texas & NEW YORK— American Campus Communities, Inc. (NYSE: ACC) (“ACC” or the “Company”), the largest developer, owner and manager of high-quality student...
Duke Realty Opens New Seattle Headquarters Office, Advances Market Investments
Company is Actively Researching Development and Acquisition Opportunities in Seattle SEATTLE ‒ April 14, 2022 ‒ The Seattle office of Duke Realty (NYSE:...
20,160 SQFT Parcel in Seattle’s International District Sells for $8MM Following Property Fire
SEATTLE, WA, April 14, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory...