Marcus & Millichap
Small Puget Sound Apartment Buildings Lose Tenants in 5 of 7 Submarkets as 50+ Unit Properties Trade Rent for Occupancy
Kidder Mathews' latest Puget Sound apartment data shows vacancy climbing in buildings with 5 to 50 units across most of the region over...
The Drydown Fragrance Boutique Completes Retail Lease-Up at Cordillera Homes’ Central Peak Residences in Downtown Kirkland
Carlsbad, Calif.-based niche perfumery The Drydown has signed on for the second and final ground-floor space at Cordillera Homes' 26-unit Central Peak Residences...
Simon Property Group Strikes Deal for Seattle’s 600,000 SQFT University Village, Ending 30-Year Local Ownership Run
Simon Property Group has agreed to buy University Village, the nearly 600,000-square-foot open-air shopping and dining destination beside the University of Washington, prying...
The Registry Ranks: Puget Sound Retail for Private-Capital Buyers — Buy the Northend, Fear the Freestanding Bid
Direct vacancy is 3.9%, third-quarter absorption was positive 231,000 SQFT, and only 176,000 SQFT is under construction. We ranked nine Puget Sound retail...
Irvine Buyer Acquires 111-Unit Northline Apartments in North Seattle From RISE Properties Affiliate for $17.8MM
A RISE Properties Trust affiliate has sold the 1978-built Northline Apartments on Linden Avenue North to an Irvine, Calif.-based LLC, one of the...
Alo Yoga Targets 7,500 SQFT Former Old Navy Space at Downtown Seattle’s O’Shea Building for First City Store
Los Angeles athleisure brand Alo Yoga has filed plans to convert the long-vacant former Old Navy space at 511 Pine St. into a...
Bell Partners Acquires 261-Unit Leva on Market in Seattle’s Ballard for $94.8MM
Greensboro, North Carolina-based Bell Partners has expanded its Puget Sound portfolio with the $94.8 million purchase of Leva on Market, a 2008-vintage mixed-use...
Clackamas’ 234-Unit Townhomes with a View Lands in Special Servicing as Expenses Squeeze $24MM CMBS Loan
A $24.1 million CMBS loan on NBP Capital's 234-unit Townhomes with a View in Clackamas, Ore., has moved to special servicer Rialto Capital...
Cadence Real Estate Acquires 132-Unit The Court at Northgate in Seattle for $29MM
Seattle value-add investor Cadence Real Estate has bought a 1978 apartment complex a short walk from the Northgate Link light rail station for...
FPA Multifamily Buys 283 Units Across Two Olympia Apartment Communities for $43.7MM
FPA Multifamily buys Evergreen Garden and Rock Maple Village, 283 units in Olympia, for $43.7MM, or $154,417 per unit, from developer Bender Equities.
Phoenix-Based Institutional Owner Buys 58,000 SQFT Pak-A-Nut Storage in Bellingham for $8MM
A Phoenix-based institutional self-storage owner has paid $8 million for Pak-A-Nut Storage, a 20-year-old, owner-built facility on Bellingham's Marine Drive, wagering that Public...
Ivanov Investment Group Buys 51,000 SQFT Woodburn Manufacturing Facility With 3-Acre Yard for $7.15MM
Ivanov Investment Group paid $7.15MM for a 51,274-square-foot manufacturing building with a 3-acre yard on 4.81 acres in Woodburn, Ore.
