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CommercialFeaturedFinanceIndustry News

Shorenstein CEO Sees ‘Generational Buying Opportunity’ in Office Market Recovery

Office Real Estate Stages a Comeback as Investors Return to Once-Shunned Sector After years of distress, the commercial office market is showing signs...

andrew-wolff-rZvSu8qrXIo-unsplash-seattle
CommercialFinanceIndustry News

Seattle Times to Relocate into 36,000 SQFT Lease at Vulcan’s Alley 24 in South Lake Union

Seattle’s family-owned newspaper trims its footprint, moving from a historic home to a modern office development as it retools for a hybrid future...

sean-oulashin-6WP7Jv8vl4Q-unsplash-portland
CommercialFinanceIndustry NewsPortland

MetLife Lists for Sale Historic 224,000 SQFT Commonwealth Building in Downtown Portland

A 224,122-square-foot office tower at 421 SW 6th Ave. in downtown Portland has been placed on the market for sale. The 14-story property,...

CommercialFinanceIndustry NewsPortland

128,000 SQFT Two-Building Office Property in Portland’s Cascade Station Listed for Sale

By Kate Snyder Two buildings in Portland’s mixed-use Cascade Station development have been put on the market for sale. Marketing information from JLL,...

CommercialFinanceNews ReleasesPortland

PCCP Purchases Industrial Complex in Portland for $82.5MM

CBRE announced that Bybee Lake Logistic Center I & II, a two-building industrial complex in Portland, sold to PCCP, LLC, a Los Angeles-based real...

AECFinanceIndustry NewsResidential

UDR Plans to Buy Bellevue’s Brio Apartment Complex in 2021 for $170MM

By Jon Peterson Denver, Colo.-based UDR will be acquiring the 259-unit Brio apartment complex in Bellevue for $170 million in 2021, according to...

FinanceIndustry NewsResidential

Greystar Sells Alley24 Apartments in Seattle for $72MM

By Meghan Hall Seattle’s sale bonanza continues into the holidays, with no slowing down in sight. South Carolina-based Greystar has traded the Alley24...

San Francisco Bay Area, Seattle, CBRE, Orlando, San Diego, Bay Area, Washington D.C., Tucson, Waterloo, Las Vegas, Hamilton
CommercialFinance

Sacramento County to Sell two Seattle Area Assets valued at $79.5MM

By Jon Peterson Sacramento County Employees’ Retirement System is making plans to sell an office building in Seattle and a grocery-anchored shopping center...

CommercialFinance

Union Investment Pays $330MM to Buy Amazon-Leased Midtown21 in Seattle

By Jon Peterson Germany-based Union Investment Real Estate GmbH has paid approximately $330 million or $884 per square foot to acquire the 373,000...

LaSalle Investment Management Des Moines Creek Business Park Phase I MetLife Panattoni Development Company Seattle CBRE Brett Hartzell
CommercialFinance

LaSalle Pays $68MM For Phase I of Industrial Property in Des Moines, WA

By Jon Peterson Chicago-based LaSalle Investment Management has paid $68 million to acquire the 545,859 square foot Des Moines Creek Business Park Phase...

CommercialFinance

Hines’ $193MM Sale of Bellevue’s Civica Closes

Bellevue’s Civica Office Commons towers, a two-building, 323,562 square foot Class A office complex in the heart of the Eastside city closed closed...

Industry NewsNews Releases

Amazon Signs Long-Term, Full-Building Lease at Midtown21 in Seattle

SEATTLE, WA – Trammell Crow Company (TCC) and joint venture partner, MetLife, today announced that Amazon has signed a long-term, full-building lease at...

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