Kidder Mathews
DCT Buys Tacoma Industrial Site for $28MM; Plans 1.2MM SQ FT Office/Warehouse Complex
Strong performance of the Puget Sound real estate market continues late into the year, this time with another industrial site in Tacoma selling...
Jackson Square Properties Buys Kent Apartment Asset for $56.5MM
(EDITOR’S NOTE: San Francisco-based Jackson Square Properties purchased the asset for $56,539,200, or approximately $186,000 per unit, accoridng to public records. The sale...
Third Quarter Stats Show Continued Strength of Puget Sound Real Estate Market
By Peter Johnson The Seattle office rental market’s high pricing and low vacancy rates continued in Quarter 3, according to a market study...
524-Unit Multifamily Garden Community in Bothell Sells for $145MM
Seattle, Wash. (October 24, 2016) – Griffis Residential, a Denver-based multifamily investment and management firm, has purchased Bridges at Northcreek, a 524-home multifamily...
Griffis Residential Acquires 524-Unit Residential Asset in Bothell for $145MM
(Editor’s Note: The sales price of the property was $145 million, or $276,718 per unit, and a cap rate of 4.7 percent.) October 18,...
Seattle Development Site Sells for $19.25MM to Joint Venture, Vanke USA and Laconia Development
(Editor’s Note: According to public records, Vanke and Laconia purchased the parcel for nearly $15.4 million, which represnets 80 percent of the investmnet. This informaiton was confirmed...
Kidder Mathews Names Bill Frame President to Support Expansion and Remain Independent
Seattle, Wash. (October 18, 2016) Kidder Mathews Chairman and CEO, Jeff Lyon, announced that Bill Frame will become the firm’s President, responsible for...
Vancouver, B.C.-Based Condo Developer Bosa Acquires Property In Downtown Bellevue For $35MM
By Kristin Bentley Condo developer, Vancouver, B.C.-based Bosa Development, paid just a little over $35 million on Monday for a nearly 19,000 square-foot...
360-Home Multifamily Garden Community in Woodinville Sells for $98MM
Seattle, Wash. (October 17, 2016) – Acacia Capital Corporation, a property investment firm based out of San Mateo, California, has purchased Campbell Run,...
Kimco Realty Buys Mill Creek Retail Asset for $18.1MM
By Kristin Bentley N.Y.-based Kimco Realty Corp., a firm that owns and operates shopping centers across the country, announced on Tuesday that its...
NYC-Based Westbrook Partners Purchases The Hilton Seattle For $60.3MM
By Kristin Bentley In yet another example of a healthy Puget Sound hotel market, Boston-based AEW Capital Management sold the The Hilton Seattle,...
Chicago-Based Bridge Development Partners Break Ground on New 241,000 SQ FT Cold Storage Facility In Burien
By Kristin Bentley Bridge Development Partners, LLC, a Chicago-based developer, broke ground Wednesday on the construction of its Northeast Redevelopment Area (NERA), in...
