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Industry NewsNews Releases

GLL/Vestas Complete Purchase of Seattle’s Safeco Plaza for $387MM at 5 Cap

(EDITOR’S NOTE: As The Registry reported on July 6, the price closed for $387 million at a 5 cap rate.) SEATTLE – July...

Industry NewsNews Releases

Hines REIT to Dissolve, Sell 7 West Coast Assets for $1.162B Including 3 in Puget Sound

Hines Real Estate Investment Trust, Inc. (“Hines REIT” or the “Company”), one of three public non-listed REITs sponsored by Hines, announced today that...

Commercial

Skanska Plans 700,000 SF Office Development in Downtown Seattle

By Jon Peterson Skanska USA Commercial Development is planning a new 700,000 square foot office building development in downtown Seattle to be located...

CommercialFinance

Walton Street Places Symetra Financial Center in Bellevue on the Market for Sale

By Jon Peterson Chicago-based Walton Street Capital has decided to put for sale the 450,089 square foot Symetra Financial Center located at 777...

CommercialFinance

Following KKR Infusion, Drawbridge to Seek Opportunities in Seattle

By Jon Peterson San Francisco-based Drawbridge Realty is now interested in buying properties in Seattle, following last week’s announcement of recapitalization by New...

FinanceResidential

Greystar Expands Seattle Presence with $128MM Kirkland Apartment Buy

By Jon Peterson Charlestown, S.C.-based Greystar has bought its first apartment property ever in the Kirkland market with the acquisition of the 496-unit...

CommercialFinance

PCCP Pays $39MM for Office Building in Bellevue

By Jon Peterson Los Angeles-based PCCP and San Francisco-based Align Real Estate have come together to pay $39 million or $356 per square...

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