CBRE
San Jose, Seattle, Rank Among Most Favorable Markets for CRE Development in 2021
By Meghan Hall After a slow year, construction activity is anticipated to pick up once again as a new economic cycle begins and...
Filson’s Seattle HQ Sells for $21MM
By Meghan Hall Outdoor clothing retail Filson—which has a storied history in Seattle—has seen its headquarters and flagship store traded to a new...
Portland Multifamily Community Secures $13.8MM in Financing
Portland –Jan. 22, 2021 – CBRE Capital Markets’ Debt & Structured Finance team in San Francisco has arranged a $13.8 million acquisition loan for the...
Alco Investment Co. Buys Two Eastside Business Parks for $155MM
By Meghan Hall Kent, Wash.-based Alco Investment Company has made a big investment into the Eastside, acquiring two flex/life sciences complexes in Redmond...
Tarragon Announces Five New Hires
Tarragon, a Seattle-based real estate development company, recently welcomed Bayard Blair, Acquisition and Development Analyst; Jeff Lovshin, Development Manager; Katelin Carter, Marketing Manager;...
Report: Months Following Holiday Season Will Act as “Stress Test” for U.S. Industrial and Logistics Real Estate
By Meghan Hall The current stay-at-home environment has been a boon for industrial and logistics real estate, driving demand for such asset classes...
Kaiser Permanente Spends $36.25MM on Land in Seattle’s Yesler Neighborhood
(EDITOR’S NOTE: The sale closed on January 7th, 2021, according to public records. Kaiser is planning to develop a new multi-specific medical center on...
Zurich to Buy the Terry Thomas Office Asset in Seattle for $52MM
By Jon Peterson New York City-based Zurich Alternative Asset Management is set to acquire the 44,445 square foot Terry Thomas office building in...
Nicola Wealth Pays $32MM to Buy Single-Tenant Office Building in Redmond
By Jon Peterson Vancouver, B.C.-based Nicola Wealth Real Estate has acquired the 34,873 square-foot Studio 7500 office building in Redmond for $32.5 million, according...
Shorenstein Pays $17MM for South Lake Union Office Development Site in Seattle
By Jon Peterson San Francisco-based Shorenstein Properties has paid $17 million to acquire the office building development site in South Lake Union located at...
Alexandria Real Estate Buys Two Bothell Office Assets for Combined $121.9MM
By Meghan Hall One of the biggest names in life sciences developments has turned its sights to the Eastside. In a multiple transactions...
Vanbarton to Buy Microsoft-Leased Office Asset in Redmond for $215MM
By Jon Peterson New York City-based Vanbarton Group has agreed to acquire the 536,958 square foot Millennium Corporate Park in Redmond. The purchase...
