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Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion

Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...

Seattle skyline
CommercialFinanceIndustry News

Vanbarton Exits 541,000 SQFT 901 Fifth Avenue Tower in Downtown Seattle for $48.3MM, 84% Below 2019 Price

Seattle-based GT Capital, in partnership with The Benaroya Company, has acquired the 41-story 901 Fifth Avenue office tower from New York-based Vanbarton Group...

Seattle skyline with Elliott Bay
CommercialIndustry NewsLeasing

Perform Properties Keeps Clearstead at 999 Third With 14,000 SQFT Upgrade Ahead of Docusign’s 227,000 SQFT Exit

With Docusign preparing to vacate roughly 227,000 square feet at 999 Third Avenue next year, Blackstone-owned Perform Properties has kept a 14-year tenant...

Aerial view of Renton, WA
FinanceIndustrialIndustry News

Infill Industrial Partners Buys 126,000 SQFT Renton Warehouse From Blackstone Affiliate for $31.8MM

Infill Industrial Partners paid $31.8 million for a 126,457-square-foot Renton warehouse from a Blackstone affiliate, its second Blackstone buy this month.

Building with sawtooth roof line
FinanceIndustrialIndustry News

Infill Industrial Partners Buys Two Kent Warehouses From Blackstone Affiliates for $49.6MM

Infill Industrial Partners buys two Kent Valley warehouses totaling 257,098 SQFT from Blackstone affiliates Link Logistics and Revantage for $49.6 million.

Apartment buildings
FeaturedFinanceIndustry NewsResidential

Student Housing Is Now an Institutional Asset Class, and Seattle’s U District Is the Northwest’s Proving Ground

Blackstone, KKR and Greystar have made purpose-built student housing a core institutional holding, and the high-rise wave around the University of Washington, unleashed...

Bothell Mill Creek, Washington Suburbs Forest Aerial
CommercialIndustry News

T-Mobile Cuts 77 Jobs, Fully Exits Bothell’s Canyon Pointe Office Campus

T-Mobile is walking away from the last of its office space at a Bothell campus it once occupied in full, a real estate...

warehouse facade
FinanceIndustrialIndustry News

BKM Capital Partners Acquires Multi-Tenant Industrial Portfolio in Kent and Tukwila for $85.7MM

Newport Beach-based BKM Capital Partners deepens its decade-long bet on South King County's industrial corridor, snapping up multiple buildings and vacant land from...

Apartment buildings
FinanceIndustry NewsNews ReleasesResidential

Kinect Real Estate Partners Closes $126.5MM Oversubscribed Fund II, Targeting 3,000+ Apartments Across $1.6B Development Pipeline

ACG-backed investment platform continues to scale to meet growing demand for institutional-quality multifamily investments from wealth investors BELLEVUE, Wash.--Kinect Real Estate Partners (“Kinect”),...

Executives falling with fire in background
CommercialContributorsFinanceIndustry News

The Art of the Quiet Exit, A Hudson Pacific Story

Hudson Pacific's COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...

Washington capitol building in Olympia
FeaturedFinanceIndustry News

Washington State Investment Board Stakes $400MM on KKR’s Record-Bound Asia Buyout Fund

Washington State's public pension fund is backing KKR's fifth Asia buyout vehicle with a commitment of up to $400 million, extending a 43-year...

max-van-den-oetelaar-RORkqnp4ye4-unsplash-apartments
AECIndustry NewsResidential

Inland Group Plans 294-Unit Affordable Apartment Tower Near Lynnwood Light Rail

Inland Group plans a 294-unit affordable apartment building in Lynnwood on a parking site linked to Nitze-Stagen, less than a mile from the...

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