CBRE
MCR Hotels Buys Renton Residence Inn for $41.8MM
By Meghan Hall In recent weeks, a number of hotels across the Puget Sound have sold, and another recent transaction has been added...
Report: U.S. Economy Creates “Favorable” CRE Capital Markets Environment
By Meghan Hall During the height of the coronavirus pandemic, the capital markets and lending sectors came to a halt as investors waited...
Principal Places Lincoln Plaza in Bellevue up for Sale with ~$78MM in Pricing Guidance
By Jon Peterson Des Moines, Iowa-based Principal Real Estate Investors has decided to put up for sale the 148,652 square foot Lincoln Plaza...
Loews Hotels and Resorts Sells Hotel 1000 in Seattle for $55MM
By Meghan Hall New York City-based hospitality firm Loews Hotels and Resorts has sold off its first Seattle asset as the hospitality market...
Report: U.S. Investors Taking More Risk as Economy Recovers
By Catherine Sweeney As the economy continues to reopen, investment activity across the nation is beginning to bounce back, CBRE found in a...
160-Unit Multifamily Community in Corvallis, Oreg., Trades for $25.15MM
(EDITOR’S NOTE: The property sold for about $157,188 per unit.) Portland – CBRE has announced the sale of North Pointe, a 160-unit multifamily community...
Report: Extended Stay, Rural Hotels Outperform Urban Properties During 2020
By Catherine Sweeney As travelers chose to stay home during 2020 amid the COVID-19 pandemic, those in the hotel industry struggled to keep...
EQT Exeter Buys Industrial Asset in Portland Suburb for $46MM
By Jon Peterson As interest for industrial product across the west coast continues unabated, institutional investors look deeper into the markets to extend their...
Key Redmond & Bellevue Development Sites Posted for Sale
By Meghan Hall Two development sites at the heart of both Redmond and Bellevue have been posted for sale as investment continues to...
Lake Washington School District Spends $40MM on Land for Future Growth
Rare property inside the urban growth boundary Redmond, Wash. – Lake Washington School District (LWSD) closed yesterday on a 25.46-acre property in Redmond, Washington,...
Wolff Co. Buys Portland Multifamily Community for $46.3MM
CBRE has announced the sale of Storyline, a 147-unit multifamily community in Downtown Portland, to an affiliate of The Wolff Company, an Arizona-based multifamily...
Experts: Fundamental Shift in Economy Propels Data Centers to Forefront of CRE Industry
By Meghan Hall 2020 produced both winners and losers in the commercial real estate industry, and with the sector flipped on its head,...
