Facebook Completes Lease for Over 1.5 Million Square Feet at Hudson Yards
New York, NY (November 14, 2019) – Hudson Yards today announced it has completed a lease with Facebook for over 1.5 million square feet of office...
Stockbridge Acquires 8.7 Million Square Foot Class A Industrial Portfolio for ~$800MM
(EDITOR’S NOTE: According to sources with knowledge of the deal, the portfolio sold for approximately $800 million. Stockbridge completed the deal with four non-US sovereign wealth...
Two Puget Sound Multifamily Assets Sold by Institutional Property Advisors for $10.55MM
SEATTLE – Nov. 11, 2019 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of two multifamily properties in the Seattle metropolitan...
Newmark Knight Frank Arranges $130MM Floating Rate Loan for Hyatt Regency Lake Washington
Renton, WA (November 12, 2019) — On behalf of SECO Development, Newmark Knight Frank has arranged a $130 million floating-rate loan for the refinancing of the...
Optimus Properties Refinances 3 Buildings in Multifamily Portfolio; One is in Seattle
Optimus Properties, LLC, through a trio of coordinated refinancings, has refinanced the debt on three multi-family properties. The total capitalization for the three refinances...
Skanska Raises $287,000 to Benefit Rainier Scholars
SEATTLE – Skanska, a leading construction and commercial development company in the Pacific Northwest since 1946, announced today that it raised $287,000 at the seventh...
Skanska to Build Light Rail Extension North of Seattle for $778MM
Skanska has signed a contract with Sound Transit to build the Lynnwood Link Extension L300 Main Package in the State of Washington, USA. The project is located...
Fortress Development Reveals New Photos of Avenue Bellevue’s “Residences” Model Unit
Bellevue, Wash. (November 5, 2019) – Fortress Development, the company behind luxury condo, hotel and retail development Avenue Bellevue, today released new photos of the model...
Lacey Self Storage Facility Sells for $2.6MM
Lacey, Wash., November 4, 2019 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and...
DWS Buys First & Stewart in Seattle for $52.9MM
[googlemaps https://www.google.com/maps/embed?pb=!4v1572722217252!6m8!1m7!1sHEYdxYjzliI_i54F9G52Lg!2m2!1d47.6102525223853!2d-122.3413645754837!3f92.2380768697104!4f27.452669818164864!5f0.7820865974627469&w=800&h=600]
(EDITOR'S NOTE: According to public records filed with the county, the property sold for $52.9 million, or just over $560 per square foot.)
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