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Waterton Pays $80MM for Apartment in Mountlake Terrace

By Jon Peterson Chicago-based Waterton Associates has paid $80.5 million or $157,000 per unit to buy the 512-unit Taluswood Apartments in Mountlake Terrace, according to...

TruAmerica Pays $36MM to Buy Apartment in Renton

By Jon Peterson Los Angeles-based TruAmerica Multifamily paid $36.75 million or $181,000 per unit to buy the 202-unit Windsor Apartment Homes in Renton. “It’s our opinion...

Belltown’s Dimension Building Sells for $144MM

Chicago-based real estate investment management firm Heitman has been named as the buyer of the Dimension apartment building in Seattle’s Belltown area. The 27-story...

Greystar Earns Low to Mid Four Cap Rates on Two Apartment Deals in Fremont

By Jon Peterson Charleston, S.C.-based Greystar Real Estate Partners has bought two apartment properties in the Fremont sub-market of Seattle at cap rates between 4.3...

Pacific Urban Residential Gets New $387MM Commitment from CalPERS

By Jon Peterson Palo Alto-based Pacific Urban Residential has received a new $387 million equity allocation from the California Public Employees Retirement System to invest...

Apartment Development Site Sold in Queen Anne for $3.7MM

By Jon Peterson Seattle-based Briarbox has paid $3.7 million to buy an apartment development site in the lower Queen Anne/Uptown submarket in Seattle located at...

Belltown’s Natasha Project Site Sells for $8MM

JDA West has been named as the buyer of 2134 Western Ave. half-acre site in Seattle’s Belltown area. The half-acre site will house a...
Seattle, JLL, Transit

Robust Puget Sound Job Growth Drives Real Estate to Boomtown Pace

By Neil Gonzales It’s no secret that where there’s job growth there’s development, and Puget Sound has plenty of both. “Clearly, job growth has been great,”...

Development Ratchets up in South Lake Union

By Neil Gonzales For the better part of the past decade, Seattle’s South Lake Union neighborhood has surged with development with the likes of online-retail...

Urban Visions’ Proposal for South Downtown Seattle Offers New Twist

By Neil Gonzales Seattle-based sustainable developer Urban Visions has a watery design for an ambitious commercial project in the southern part of downtown. How watery? “It...

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