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CommercialFinanceIndustry News

Local Developer Buys Bellevue Asset from Brenner Construction Co. for $33MM

By Meghan Hall A commercial asset known as Cascade Place II in Bellevue has traded hands, adding to the growing number of transactions...

GLY Construction
AECIndustry NewsPeople on the Move

GLY Construction Names Steve Hoffmann as President

Firm’s leadership transition includes two promotions within its executive committee BELLEVUE, WASH. – Nov. 18, 2021 – GLY Construction (GLY), a locally-owned general...

CommercialFinanceIndustry NewsNews Releases

Seven Hills Realty Trust Closes $21MM Loan to Finance Acquisition of Bellevue Property

NEWTON, Mass.--Seven Hills Realty Trust (Nasdaq: SEVN) today announced the closing of a $21 million first mortgage floating-rate bridge loan to finance the acquisition of...

Puget Sound, Bellevue, Medina, Bel-Red Design Center, Seattle, Marcus & Millichap
CommercialFinanceIndustry NewsRetail

Bel-Red Design Center in Bellevue Sells for $31MM

By Meghan Hall & Vladimir Bosanac Commercial property across the greater Puget Sound region continues to be an attractive investment asset for large...

CommercialFinanceIndustry News

Swift Sells Bellevue Terrace Property for $29MM

By Jon Peterson San Francisco-based Swift Real Estate Partners has sold the 72,218 square foot Bellevue Terrace office building in Bellevue located at...

Containers parked at a port
CommercialFinanceIndustrialIndustry News

Dermody Properties Spends $62MM on Kent Logistics Facility

By Vladimir Bosanac The industrial market across the Puget Sound region is experiencing one of its strongest runs in recent history, and national...

FinanceIndustry NewsResidential

Security Properties Buys 76-Unit Apartment Complex in Newcastle for $26.7MM

By Catherine Sweeney  After last trading hands in 2017, the 76-unit Tria Apartments in Newcastle has a new owner. According to King County...

AECIndustry NewsResidential

138-Unit Condominium Tower in Bellevue, Mari, Breaks Ground

Bellevue's Newest High-Rise Condominium Tower Reaches Construction Milestone Marking a New Moment of Downtown Living, Set to Arrive 2023 BELLEVUE, Wash., Oct. 13,...

CommercialFinanceIndustry News

Pendulum Properties Buys Bellevue Office Asset for $18.8MM

By Meghan Hall Att the end of last week, another office property traded hands, this time in Bellevue. Public records show that an...

CommercialFinanceIndustrialIndustry NewsNews Releases

Terreno Realty Corporation Acquires Property in Woodinville for $23.6MM

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 industrial...

Northup Center, Bellevue, Longwell Company, Marcus & Millichap
FinanceIndustry NewsRetail

Bellevue’s Northup Center Trades Hands for $42MM

By Meghan Hall Assets in and around Bellevue are highly coveted by investors, and even assets outside the core of downtown are sought...

FinanceIndustry NewsResidential

Abacus Capital Group Adds to Puget Sound Portfolio, Picks Up Bellevue Apartment Complex for $144MM

By Meghan Hall Adding to a slew of commercial property deals is an acquisition this week by a major player in the U.S....

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