News Releases
$11.85MM in Financing Secured for 54-Unit J.G. Whittier Multifamily Community in Seattle
JLL Capital Markets secured the refinancing of the 54-unit J.G. Whittier in the Ballard neighborhood of Seattle, Washington SEATTLE, Jan. 16 , 2024...
Experience Senior Living, Stellar Senior Living Celebrate Opening of 137-Unit The Gallery at Spokane
The three-story, 137-unit independent living, assisted living, and memory care community marks the second development in the two company's joint venture. SPOKANE, Wash.,...
CalSTRS CIO Christopher J. Ailman Announces Retirement After 20 Years of Service
WEST SACRAMENTO, Calif. (January 11, 2024) – Christopher Ailman, chief investment officer of the California State Teachers' Retirement System, announced his retirement at...
Two Industrial Buildings Totaling 67,000 SQFT in Troutdale, Ore., Trade for $12.45MM
(Editor's Note: According to public records, the buyer is an entity affiliated with Wood Village, Ore.,-based Nikolay I Romanyuk.) LNR Holding, LLC recently completed...
Avison Young Expands Retail Platform in 10 Major Markets Across the U.S. Firm Acquires Full Retail Services from Madison Marquette
Chicago, IL – Avison Young has signed a venture agreement to acquire Madison Marquette’s retail property management, retail marketing, retail leasing and specialty...
Prestige Equity Partners Sells 28-Unit Townhome Asset in North Puget Sound for $7.5MM
The beautiful Nicholas Townhomes community trades in off-market 1031 Exchange deal Cushman & Wakefield also brokers recent sale of new boutique 29-unit apartment/mixed-use...
City of Seattle Seeks to Increase Affordable Housing with Fort Lawton Redevelopment Plan
The City of Seattle is moving forward to update a 2019 plan to expand the number of housing units, offset infrastructure costs, and...
Seattle’s Office Sector: Q4 2023 Market Dynamics and Trends
At year-end 2023, the regional office market continues to struggle with negative net absorption, rising vacancy and meager investment activity. For the eighth...
Terreno Realty Corporation Acquires 16,000 SQFT Industrial Property in Bellevue for $6.5MM
BELLEVUE, Wash.-- Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an...
Security Properties Sells 304-Unit Multifamily Community in Hillsboro, Ore. for $99MM
Portland, Ore. – Jan. 2, 2023 – CBRE has arranged the sale of Tessera at Orenco Station, a 304-unit multifamily community in Hillsboro,...
Nitze-Stagen Receives $19.1MM From Amazon Housing Equity Fund for 191-Unit Trace 4001 in Seattle
Bringing 191 Affordable Apartment and Loft Units to the Othello Neighborhood with support from the Amazon Housing Equity Fund Seattle, WA. – December...
BKM Capital Partners Pays $67MM for 450,000 SQFT Light Industrial Park in Beaverton, Ore.
Firm Caps Off Banner Year of Activity with $500 million in Acquisitions (Editor's Note: The sales price was $67 million, or approximately $148...